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TSH Resources Bhd. ( (SG:TSH) ) has issued an update.
TSH Resources Bhd. has announced a share buy-back where the company purchased 430,000 of its own shares at prices between MYR 1.150 and MYR 1.190, totaling MYR 508,693.20. These shares will be retained in treasury, increasing their cumulative net outstanding treasury shares to 19,680,200 units, representing approximately 1.47% of the total issued shares. This move reflects TSH Resources Bhd’s strategy to manage its share capital effectively, potentially signaling confidence in its future performance and providing a favorable impact on shareholder value.
More about TSH Resources Bhd.
YTD Price Performance: -5.26%
Average Trading Volume: 17,132
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: S$485.6M
See more insights into TSH stock on TipRanks’ Stock Analysis page.
