tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Chuan Hup Holdings Cancels Over 2 Million Treasury Shares to Boost Shareholder Value

Story Highlights
Chuan Hup Holdings Cancels Over 2 Million Treasury Shares to Boost Shareholder Value

Elevate Your Investing Strategy:

The latest announcement is out from Chuan Hup Holdings Limited ( (SG:C33) ).

Chuan Hup Holdings Limited has announced the cancellation of 2,309,200 treasury shares, reducing its treasury shares from 2,471,700 to 162,500. This move is aimed at enhancing shareholder value by decreasing the number of excess and unutilized treasury shares, thus potentially improving the company’s financial metrics and market perception.

More about Chuan Hup Holdings Limited

Average Trading Volume: 124,180

Technical Sentiment Signal: Sell

Current Market Cap: S$150M

For a thorough assessment of C33 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1