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TSH Resources Bhd Executes Strategic Share Buy-Back

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TSH Resources Bhd Executes Strategic Share Buy-Back

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An announcement from TSH Resources Bhd. ( (SG:TSH) ) is now available.

TSH Resources Bhd announced a share buy-back involving the purchase of 1,600,000 shares at prices ranging from 1.060 to 1.140 Malaysian Ringgit per share, with a total consideration of 1,734,442.15 MYR. This move retains all purchased shares in treasury, reflecting a strategic decision to manage share capital without cancelling any shares, potentially impacting shareholder value and market perception.

More about TSH Resources Bhd.

TSH Resources Bhd is a company operating in the agricultural industry, primarily focusing on the cultivation and processing of palm oil. The company is known for its significant presence in the palm oil market, catering to both domestic and international markets.

YTD Price Performance: -6.58%

Average Trading Volume: 71,193

Technical Sentiment Signal: Sell

Current Market Cap: S$487M

For an in-depth examination of TSH stock, go to TipRanks’ Stock Analysis page.

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