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International Housewares Retail Co Announces Share Buyback to Boost Value

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International Housewares Retail Co Announces Share Buyback to Boost Value

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International Housewares Retail Co ( (HK:1373) ) just unveiled an announcement.

International Housewares Retail Company Limited announced a voluntary share repurchase of 150,000 ordinary shares at an average price of HK$1.0943 per share, totaling HK$164,140. The board believes the company’s shares are undervalued and asserts that the financial resources allow for such repurchases while maintaining a solid financial position.

More about International Housewares Retail Co

International Housewares Retail Company Limited is a company incorporated in the Cayman Islands, focused on the retail industry, specifically dealing with housewares products.

YTD Price Performance: 11.22%

Average Trading Volume: 602,469

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$782.8M

See more data about 1373 stock on TipRanks’ Stock Analysis page.

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