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TSH Resources Berhad Initiates Strategic Share Buy-Back

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TSH Resources Berhad Initiates Strategic Share Buy-Back

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TSH Resources Bhd. ( (SG:TSH) ) has provided an announcement.

TSH Resources Berhad announced a share buy-back, purchasing 1,000,000 shares at a price range of MYR 1.230 to MYR 1.260, with a total consideration of MYR 1,252,537.84. This move reflects the company’s strategy to manage its share capital effectively, retaining the shares in treasury and maintaining a stable market position, with treasury shares now constituting 2.10813% of total issued shares.

More about TSH Resources Bhd.

TSH Resources Berhad operates in the agribusiness sector, primarily focusing on the production and sale of palm oil products. The company is based in Malaysia and targets both local and international markets with its range of agricultural commodities.

YTD Price Performance: -1.32%

Average Trading Volume: 18,355

Technical Sentiment Consensus Rating: Sell

Current Market Cap: S$525.1M

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

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