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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 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.