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International Housewares Retail Co Announces Share Repurchase

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International Housewares Retail Co Announces Share Repurchase

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International Housewares Retail Co ( (HK:1373) ) has issued an update.

International Housewares Retail Company Limited announced a voluntary repurchase of 150,000 ordinary shares at an average price of HK$0.958 per share, totaling HK$143,700. This move, representing about 0.02077% of the company’s issued shares, reflects the Board’s belief that the company’s shares are 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 is a company incorporated in the Cayman Islands, operating within the retail industry. It focuses on selling housewares and related products, primarily serving the consumer market.

YTD Price Performance: -3.06%

Average Trading Volume: 472,764

Technical Sentiment Signal: Buy

Current Market Cap: HK$680.5M

See more insights into 1373 stock on TipRanks’ Stock Analysis page.

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