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International Housewares Retail Co ( (HK:1373) ) just unveiled an update.
International Housewares Retail Company Limited has announced a voluntary share repurchase of 150,000 ordinary shares at a weighted average price of HK$1.0751 per share, amounting to a total of HK$161,270.00. The board views the company’s shares as consistently undervalued and believes that the repurchase can be conducted without affecting the company’s financial stability, indicating a positive outlook for its business operations.
More about International Housewares Retail Co
International Housewares Retail Company Limited operates in the retail industry, focusing on housewares products. It is incorporated in the Cayman Islands and listed on the Hong Kong Stock Exchange.
YTD Price Performance: 8.16%
Average Trading Volume: 605,808
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$761.2M
For detailed information about 1373 stock, go to TipRanks’ Stock Analysis page.