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International Housewares Retail Announces Share Repurchase to Address Undervaluation

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International Housewares Retail Announces Share Repurchase to Address Undervaluation

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International Housewares Retail Co ( (HK:1373) ) has shared an announcement.

International Housewares Retail Company Limited announced a repurchase of 150,000 ordinary shares at an average price of HK$1.0982 per share, amounting to approximately HK$164,730. The repurchase, representing around 0.0207% of the company’s issued shares, is part of a strategy to address the undervaluation of its shares and is supported by the company’s robust financial position.

More about International Housewares Retail Co

International Housewares Retail Company Limited operates in the retail industry, focusing on the sale of housewares and household products.

YTD Price Performance: 8.16%

Average Trading Volume: 582,143

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$775.6M

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

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