TSH Resources Berhad Announces Proposed Renewal of Share Buy-Back Authority

Key Highlights

• Proposed Renewal: TSH Resources Berhad (“TSH” or “the Company”) has announced its intention to seek shareholder approval for the renewal of its authority to buy back its own shares.
• Shareholder Approval Required: The proposed renewal will be tabled at the Company’s forthcoming annual general meeting (AGM), with the meeting date yet to be determined.
• Disclosure Statement: A detailed statement outlining the terms and conditions of the proposed share buy-back authority renewal will be issued to shareholders in due course.
• Announcement Date: 25 February 2026.

Details for Investors

TSH Resources Berhad’s Board of Directors has formally notified Bursa Malaysia that the Company is planning to renew the authority for its share buy-back program. This move requires approval from shareholders and will be decided at the next AGM. The exact date for the AGM has not yet been announced.

The renewal of the share buy-back authority, if approved, will enable the Company to continue repurchasing its own shares from the open market. Share buy-backs are often perceived as a positive signal by investors as they can indicate management’s confidence in the Company’s prospects and may improve key financial ratios such as earnings per share (EPS) by reducing the number of outstanding shares. However, the specific parameters, such as the maximum number of shares to be bought back and the pricing mechanism, will be detailed in an upcoming statement to be issued to shareholders.

Potential Price-Sensitive Considerations

• Share Price Impact: Share buy-back programs can provide price support in the market, especially if the Company executes the plan actively. This announcement may therefore be price sensitive, as renewed authority could signal the Company’s intention to support or enhance shareholder value.
• Investor Sentiment: The move may be interpreted as a sign that TSH Resources believes its shares are undervalued or that it has excess cash, both of which can be positive for market sentiment.
• Further Details Pending: All eyes will be on the upcoming detailed statement and the AGM for more information, including the scale and timing of the buy-back. Investors should watch for these developments as they may influence share price movements.

What Shareholders Should Know

• The renewal is not automatic and requires formal approval at the AGM.
• The detailed terms—including the limit on the number of shares to be bought back, duration, and funding sources—will be disclosed in a forthcoming document.
• Shareholders will have the opportunity to vote on this corporate action at the AGM.
• The outcome of the vote and subsequent implementation (if approved) could have direct financial implications for shareholders, particularly in terms of market liquidity and share valuation.

Conclusion

The proposed renewal of the share buy-back authority by TSH Resources Berhad is a significant corporate action that investors should monitor closely. It reflects the Company’s ongoing commitment to enhancing shareholder value and could have positive implications for the share price. Investors are advised to review the forthcoming detailed statement and participate actively in the AGM to ensure their interests are represented.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors should conduct their own research and consult with professional advisors before making investment decisions. The information provided is based on the latest announcement from TSH Resources Berhad as of 25 February 2026 and may be subject to further updates.

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