The latest update is out from TSH Resources Bhd. ( (SG:TSH) ).
TSH Resources Bhd. announced a share buyback, purchasing 500,000 shares at prices ranging from MYR 1.190 to MYR 1.210, totaling MYR 605,541.28. The shares will be retained in treasury, increasing the company’s treasury shares to 32,860,200, representing 2.37807% of the total issued shares. This move reflects the company’s strategy to manage its capital structure and potentially enhance shareholder value.
More about TSH Resources Bhd.
TSH Resources Bhd. operates in the plantation industry, primarily focusing on palm oil production and related agricultural activities. The company is known for its involvement in sustainable palm oil cultivation and has a significant presence in the Malaysian market.
YTD Price Performance: -5.26%
Average Trading Volume: 19,172
Technical Sentiment Consensus Rating: Sell
Current Market Cap: S$509.2M
For an in-depth examination of TSH stock, go to TipRanks’ Stock Analysis page.