tiprankstipranks
Advertisement
Advertisement

TSH Resources Adds to Treasury with New Share Buy-Back

Story Highlights
  • TSH Resources bought back 80,000 shares at MYR 1.22 each, spending about MYR 98,000 and retaining all as treasury shares.
  • The buy-back lifts TSH’s treasury holdings to 8.69% of issued shares, underscoring active capital management and potential valuation confidence.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
TSH Resources Adds to Treasury with New Share Buy-Back

Claim 55% Off TipRanks

The latest update is out from TSH Resources Bhd. ( (SG:TSH) ).

TSH Resources Bhd conducted a share buy-back on 16 February 2026, purchasing 80,000 of its own shares at MYR 1.22 per share for a total consideration of MYR 98,410.48. All of the repurchased shares are retained as treasury shares, bringing cumulative net outstanding treasury shares to 120,107,900 units, equivalent to about 8.69% of its issued shares.

The company’s adjusted issued capital stands at 1,381,802,509 shares, with no cancellation of the newly repurchased shares proposed at this time. This action underscores TSH’s ongoing use of share buy-backs as a capital management tool, potentially signaling confidence in its valuation and impacting share liquidity and earnings per share over time.

More about TSH Resources Bhd.

TSH Resources Bhd is a Malaysian-listed company, with its shares traded under the stock name TSH on Bursa Malaysia. The company has an issued share capital of 1,381,802,509 ordinary shares, which includes a substantial portion held as treasury shares, indicating active capital management in the market.

Average Trading Volume: 28,368

Technical Sentiment Signal: Buy

Current Market Cap: S$540.6M

For detailed information about TSH stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1