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International Housewares Retail Announces Share Repurchase

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International Housewares Retail Announces Share Repurchase

Confident Investing Starts Here:

An update from International Housewares Retail Co ( (HK:1373) ) is now available.

International Housewares Retail Company Limited announced a voluntary repurchase of 120,000 of its ordinary shares at an average price of HK$0.9444 per share, totaling HK$113,328.00. This move, representing approximately 0.01662% of the company’s issued shares, reflects the Board’s belief that the company’s shares are undervalued. The repurchased shares will be cancelled, and the company aims to maintain a solid financial position while continuing its business operations.

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 Stock Exchange of Hong Kong.

YTD Price Performance: -4.08%

Average Trading Volume: 470,988

Technical Sentiment Signal: Buy

Current Market Cap: HK$673.4M

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

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