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Food Empire Transfers Treasury Shares for Employee Incentives

Story Highlights
  • Food Empire operates in the food and beverage industry, focusing on instant beverages.
  • The company transferred 210,000 treasury shares for employee incentives, impacting shareholder value.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Food Empire Transfers Treasury Shares for Employee Incentives

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Food Empire Holdings Limited ( (SG:F03) ) has provided an update.

Food Empire Holdings Limited has announced the transfer of 210,000 treasury shares as part of its Employees’ Share Option Schemes. This transfer, valued at S$188,463.78, slightly reduces the percentage of treasury shares against the total number of ordinary shares outstanding, reflecting the company’s ongoing commitment to employee incentives and potentially impacting shareholder value.

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 snack food. The company is known for its strong market presence in emerging markets, particularly in Russia, Eastern Europe, and Asia.

YTD Price Performance: 57.58%

Average Trading Volume: 1,201,264

Technical Sentiment Signal: Sell

Current Market Cap: S$844.9M

Find detailed analytics on F03 stock on TipRanks’ Stock Analysis page.

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