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TSH Resources Bhd. ( (SG:TSH) ) just unveiled an announcement.
TSH Resources Bhd announced a share buy-back transaction involving the purchase of 730,000 shares at prices ranging from 1.180 to 1.220 Malaysian Ringgit per share, with a total consideration of 880,858.33 MYR. The shares will be retained in treasury, contributing to a cumulative total of 34,010,200 treasury shares, representing 2.46129% of the company’s total issued shares. This move could potentially enhance shareholder value and indicate confidence in the company’s financial health.
More about TSH Resources Bhd.
TSH Resources Bhd is a company operating in the agricultural sector, primarily focused on the cultivation and production of palm oil. The company is engaged in the plantation industry, with a market focus on palm oil products.
YTD Price Performance: -1.32%
Average Trading Volume: 32,484
Technical Sentiment Consensus Rating: Sell
Current Market Cap: S$511.9M
See more insights into TSH stock on TipRanks’ Stock Analysis page.