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International Housewares Retail Co Announces Share Repurchase
Company Announcements

International Housewares Retail Co Announces Share Repurchase

Story Highlights
  • International Housewares Retail focuses on housewares and is listed in Hong Kong.
  • The company repurchased shares to address undervaluation while maintaining financial stability.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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

International Housewares Retail Company Limited announced a voluntary share repurchase of 150,000 ordinary shares at prices ranging between HK$ 0.95 and HK$ 0.98 per share, with a total purchase price of approximately HK$145,000. The Board believes the company’s shares are undervalued and that the buyback can be conducted without compromising its financial stability, reflecting confidence in the company’s financial resources and ongoing operations.

More about International Housewares Retail Co

International Housewares Retail Company Limited operates in the retail industry, focusing on housewares and related 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: 442,314

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$682.2M

Find detailed analytics on 1373 stock on TipRanks’ Stock Analysis page.

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