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TSH Resources Bhd. ( (SG:TSH) ) just unveiled an update.
TSH Resources Berhad has announced a share buy-back initiative, purchasing 900,000 of its shares at prices ranging from 1.180 MYR to 1.200 MYR per share, amounting to a total consideration of 1,081,761.36 MYR. The shares bought back will be retained as treasury shares, contributing to a cumulative total of 30,980,200 treasury shares, which represents 2.24201% of the company’s total issued shares. This move may indicate the company’s strategy to consolidate its share capital and potentially enhance shareholder value by reducing the number of shares available in the open market.
More about TSH Resources Bhd.
YTD Price Performance: -2.63%
Average Trading Volume: 18,625
Technical Sentiment Consensus Rating: Sell
Current Market Cap: S$521.1M
For detailed information about TSH stock, go to TipRanks’ Stock Analysis page.
