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International Housewares Retail Co ( (HK:1373) ) has shared an announcement.
International Housewares Retail Company Limited announced a voluntary repurchase of 150,000 ordinary shares at an average price of HK$0.9590 per share, totaling HK$143,850. This repurchase represents approximately 0.02077% of the company’s total issued shares. The board believes the company’s shares are undervalued and that its financial resources are sufficient to support the repurchase while maintaining a strong financial position.
More about International Housewares Retail Co
International Housewares Retail Company Limited is a company incorporated in the Cayman Islands, operating in the retail industry. It focuses on housewares products and is listed on the Hong Kong Stock Exchange under the stock code 1373.
YTD Price Performance: -3.06%
Average Trading Volume: 601,132
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$680.5M
See more insights into 1373 stock on TipRanks’ Stock Analysis page.