Chip Eng Seng

[value seeker]

If the increase in EPS turns out to be more than 30 cents, no harm dishing out a bit of money to "align" interest between staff and shareholders for the longer term good of company

Well, shareholders can urge company to cancel all treasury shares too if they really feel that is in their best interests....
(IMHO)

Looking past 5 years there was no record. But there could always be first time. Reward for good performance.

Let's see in this coming AGM if anything is proposed. If not, it pays to ask management if there is any intended use for the treasury shares or plans to cancel.