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International Housewares Retail Announces Share Repurchase

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International Housewares Retail Announces Share Repurchase

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The latest update is out from International Housewares Retail Co ( (HK:1373) ).

International Housewares Retail Company Limited announced a voluntary repurchase of 150,000 ordinary shares at an average price of HK$0.9644 per share, totaling HK$144,660. 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 conduct the repurchase while maintaining a solid financial position.

More about International Housewares Retail Co

International Housewares Retail Company Limited operates in the retail industry, focusing on housewares products. The company is incorporated in the Cayman Islands and is listed on the Hong Kong Stock Exchange.

YTD Price Performance: -3.06%

Average Trading Volume: 601,132

Technical Sentiment Signal: Buy

Current Market Cap: HK$680.5M

See more data about 1373 stock on TipRanks’ Stock Analysis page.

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