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TSH Resources Bhd. ( (SG:TSH) ) has issued an update.
TSH Resources Bhd. has announced a share buy-back, purchasing 630,000 of its shares at prices ranging from 1.140 to 1.170 Malaysian Ringgit, with a total consideration of 726,719.51 MYR. This move retains all purchased shares in treasury, contributing to a cumulative net of 82,775,200 treasury shares, representing 5.99038% of the total issued shares. The buy-back reflects the company’s strategy to manage its capital structure and potentially enhance shareholder value.
More about TSH Resources Bhd.
Average Trading Volume: 20,833
Technical Sentiment Signal: Strong Buy
Current Market Cap: S$480.5M
Learn more about TSH stock on TipRanks’ Stock Analysis page.