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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 90,000 treasury shares from its Share Buyback Account as part of its Employees’ Share Option Schemes. This transfer slightly reduces the percentage of treasury shares against the total number of ordinary shares outstanding, 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$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 is a company operating in the food and beverage industry, primarily known for its instant beverage products, including coffee and tea. The company focuses on markets across Asia, the Middle East, and Eastern Europe.
Average Trading Volume: 990,706
Technical Sentiment Signal: Buy
Current Market Cap: S$1.42B
For a thorough assessment of F03 stock, go to TipRanks’ Stock Analysis page.