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International Housewares Retail Co ( (HK:1373) ) just unveiled an update.
International Housewares Retail Company Limited announced a voluntary repurchase of 150,000 of its ordinary shares at an average price of HK$1.0900 per share, amounting to a total of HK$163,500.00. This repurchase represents approximately 0.0207% of the company’s total issued shares. The decision to repurchase shares reflects the board’s view that the company’s stock is consistently undervalued and demonstrates confidence in maintaining a strong financial position while continuing 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 trades on the Hong Kong Stock Exchange under the stock code 1373.
YTD Price Performance: 9.18%
Average Trading Volume: 599,802
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$768.4M
For detailed information about 1373 stock, go to TipRanks’ Stock Analysis page.