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TSH Resources Bhd. Executes Share Buy-Back

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TSH Resources Bhd. Executes Share Buy-Back

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TSH Resources Bhd. ( (SG:TSH) ) just unveiled an announcement.

TSH Resources Bhd., a company involved in the palm oil industry, has announced a share buy-back where it purchased 250,000 of its own shares at prices ranging from 1.200 to 1.210 Malaysian Ringgit per share, totaling a consideration of 302,417.42 MYR. This move reflects the company’s strategy to manage its share capital effectively, retaining all purchased shares as treasury shares, which now constitute 3.07643% of its total issued shares. The announcement may indicate TSH Resources’ confidence in its market position and potential to enhance shareholder value.

More about TSH Resources Bhd.

YTD Price Performance: -2.63%

Average Trading Volume: 64,510

Technical Sentiment Signal: Strong Sell

Current Market Cap: S$508.9M

Learn more about TSH stock on TipRanks’ Stock Analysis page.

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