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TSH Resources Bhd. ( (SG:TSH) ) has shared an announcement.
TSH Resources Bhd. announced a share buy-back involving 520,000 shares at a price range of 1.200 to 1.220 Malaysian Ringgit per share, totaling a consideration of 633,164.76 MYR. The shares will be retained in treasury, increasing the cumulative net outstanding treasury shares to 42,260,200, which represents 3.05834% of the total issued shares. This move may indicate the company’s strategy to enhance shareholder value and optimize capital structure.
More about TSH Resources Bhd.
TSH Resources Bhd. operates in the agriculture industry, focusing primarily on the cultivation and production of palm oil. The company is known for its significant presence in the palm oil market, contributing to the supply chain with its plantation and milling operations.
YTD Price Performance: -2.63%
Average Trading Volume: 64,510
Technical Sentiment Signal: Strong Sell
Current Market Cap: S$508.6M
For detailed information about TSH stock, go to TipRanks’ Stock Analysis page.