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AEM Holdings Ltd. ( (SG:AWX) ) has provided an announcement.
AEM Holdings Ltd. has announced the transfer of 1,322,682 treasury shares from its Share Buyback Account to fulfill a contractual obligation. This transfer reduces the company’s treasury shares from 2,740,065 to 1,417,383, representing a decrease in the percentage of treasury shares against the total number of ordinary shares outstanding from 0.874% to 0.450%. The value of the transferred shares is S$4,427,123.37, indicating a significant financial transaction aimed at meeting the company’s contractual commitments.
The most recent analyst rating on (SG:AWX) stock is a Buy with a S$1.50 price target. To see the full list of analyst forecasts on AEM Holdings Ltd. stock, see the SG:AWX Stock Forecast page.
More about AEM Holdings Ltd.
Average Trading Volume: 3,328,723
Technical Sentiment Signal: Sell
Current Market Cap: S$498.3M
For detailed information about AWX stock, go to TipRanks’ Stock Analysis page.