Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
The latest announcement is out from Food Empire Holdings Limited ( (SG:F03) ).
Food Empire Holdings Limited has announced the transfer of 60,000 treasury shares as part of its Employees’ Share Option Schemes. This transfer slightly reduces the company’s treasury shares, impacting the percentage of treasury shares against total outstanding ordinary shares, which decreased from 4.162% to 4.150%. This move reflects the company’s ongoing commitment to incentivize its employees, potentially enhancing employee engagement and aligning their interests with those of shareholders.
The most recent analyst rating on (SG:F03) stock is a Buy with a S$1.95 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 snack food. The company is known for its extensive market presence in emerging markets, particularly in Eastern Europe, Russia, and Asia.
Average Trading Volume: 884,662
Technical Sentiment Signal: Buy
Current Market Cap: S$985.7M
See more insights into F03 stock on TipRanks’ Stock Analysis page.