tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

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 1,430,000 treasury shares for employee incentives, reducing its treasury shares percentage.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Food Empire Transfers Treasury Shares for Employee Incentives

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

An announcement from Food Empire Holdings Limited ( (SG:F03) ) is now available.

Food Empire Holdings Limited has announced the transfer of 1,430,000 treasury shares as part of its Employees’ Share Option Schemes. This transfer reduces the company’s treasury shares from 4.129% to 3.848% of the total number of ordinary shares outstanding, reflecting 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$2.73 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 market presence in Asia, Eastern Europe, and the Middle East.

Average Trading Volume: 894,804

Technical Sentiment Signal: Buy

Current Market Cap: S$1.33B

For a thorough assessment of F03 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1