Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Hour Glass Ltd. ( (SG:AGS) ) has issued an update.
Hour Glass Ltd. announced the cancellation of 59,416,400 treasury shares, which were previously held in its Share Buy-Back Account. This move, effective as of November 14, 2025, reduces the percentage of treasury shares from 9.20% to 0% of the total ordinary shares outstanding, with a total value of $112.30 million. This cancellation signifies a strategic decision to optimize the company’s capital structure, potentially enhancing shareholder value and improving market perception.
The most recent analyst rating on (SG:AGS) stock is a Buy with a S$2.50 price target. To see the full list of analyst forecasts on Hour Glass Ltd. stock, see the SG:AGS Stock Forecast page.
More about Hour Glass Ltd.
Hour Glass Ltd. is a company incorporated in Singapore, operating in the retail industry with a focus on luxury timepieces and related services.
Average Trading Volume: 49,621
Technical Sentiment Signal: Buy
Current Market Cap: S$1.39B
See more insights into AGS stock on TipRanks’ Stock Analysis page.