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UnUsUaL Ltd. Retains Purchased Shares as Treasury for Strategic Flexibility

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UnUsUaL Ltd. Retains Purchased Shares as Treasury for Strategic Flexibility

Elevate Your Investing Strategy:

The latest update is out from UnUsUal Ltd. ( (SG:1D1) ).

UnUsUaL Limited has announced a change in the treatment of shares purchased during its recent share buy-back program. Instead of cancelling these shares, the company will hold them as Treasury Shares, allowing for potential future use such as rewarding management and staff for good performance. This decision reflects a strategic move to retain flexibility in utilizing company resources to incentivize key personnel.

More about UnUsUal Ltd.

Average Trading Volume: 365,159

Technical Sentiment Signal: Sell

Current Market Cap: S$76.11M

For a thorough assessment of 1D1 stock, go to TipRanks’ Stock Analysis page.

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