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Food Empire Holdings Limited ( (SG:F03) ) has shared an announcement.
Food Empire Holdings Limited has announced the transfer of 105,000 treasury shares as part of its Employees’ Share Option Schemes. This transfer slightly reduces the company’s treasury shares from 4.150% to 4.129% of the total outstanding ordinary shares, indicating a strategic move to incentivize employees and potentially enhance shareholder value.
The most recent analyst rating on (SG:F03) stock is a Buy with a S$1.20 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 beverages, frozen foods, and snack products. The company is known for its strong market presence in emerging markets, particularly in Eastern Europe, Russia, and Asia.
Average Trading Volume: 688,103
Technical Sentiment Signal: Buy
Current Market Cap: S$1.03B
For a thorough assessment of F03 stock, go to TipRanks’ Stock Analysis page.