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TSH Resources Berhad Executes Strategic Share Buyback

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TSH Resources Berhad Executes Strategic Share Buyback

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TSH Resources Bhd. ( (SG:TSH) ) has provided an announcement.

TSH Resources Berhad, a company engaged in the palm oil industry, announced the buyback of 1,140,000 of its shares at prices ranging from 1.250 to 1.280 Malaysian Ringgit, amounting to a total consideration of 1,439,883.07 MYR. This buyback signifies a strategic move to manage their capital structure, retaining all purchased shares in treasury without cancellation, resulting in 2.00247% of the company’s issued shares now held as treasury shares.

More about TSH Resources Bhd.

YTD Price Performance: -1.32%

Average Trading Volume: 17,978

Technical Sentiment Consensus Rating: Sell

Current Market Cap: S$526.6M

For a thorough assessment of TSH stock, go to TipRanks’ Stock Analysis page.

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