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TSH Resources Berhad Executes Strategic Share Buy-Back

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TSH Resources Berhad Executes Strategic Share Buy-Back

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TSH Resources Bhd. ( (SG:TSH) ) has issued an update.

TSH Resources Berhad, a company involved in the palm oil industry, announced a share buy-back where they purchased 480,000 shares at a price range between 1.210 and 1.230 Malaysian Ringgit. The total consideration for this transaction was 589,917.99 Malaysian Ringgit, and all purchased shares will be retained in treasury, contributing to a cumulative total of 32,360,200 treasury shares. This move indicates a strategic effort by TSH Resources to manage its share capital and potentially enhance shareholder value.

More about TSH Resources Bhd.

YTD Price Performance: -5.26%

Average Trading Volume: 19,172

Technical Sentiment Consensus Rating: Sell

Current Market Cap: S$509.2M

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

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