TSE:1808Consumer Durables
HASEKO (TSE:1808) Treasury Share Cancellation Triggers Fresh Look at an Already Stretched Valuation
HASEKO (TSE:1808) just approved the cancellation of 8,314,500 treasury shares, about 3% of its float. This is a tidy balance sheet move that can subtly lift per share metrics and shareholder appeal.
See our latest analysis for HASEKO.
The move comes after a powerful run, with the share price up around 9% over the past month and a year to date share price return above 50%. The five year total shareholder return of well over 200% shows long term momentum is still very much intact.
If this kind...