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An announcement from Food Empire Holdings Limited ( (SG:F03) ) is now available.
Food Empire Holdings Limited has announced the transfer of 460,000 treasury shares as part of its Employees’ Share Option Schemes. This transfer reduces the company’s treasury shares from 2,312,874 to 1,852,874, reflecting a decrease in the percentage of treasury shares against the total number of ordinary shares outstanding. The move is valued at S$607,955.82 and demonstrates the company’s commitment to employee incentives, potentially impacting its operational dynamics and stakeholder relations.
The most recent analyst rating on (SG:F03) stock is a Buy with a S$3.18 price target. To see the full list of analyst forecasts on Food Empire Holdings Limited stock, see the SG:F03 Stock Forecast page.
More about Food Empire Holdings Limited
Food Empire Holdings Limited operates in the food and beverage industry, focusing on the production and distribution of instant beverage products, frozen convenience food, and confectionery. The company has a significant market presence in over 50 countries, with a strong emphasis on emerging markets.
Average Trading Volume: 1,453,036
Technical Sentiment Signal: Buy
Current Market Cap: S$1.33B
Learn more about F03 stock on TipRanks’ Stock Analysis page.