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Food Empire Holdings Limited ( (SG:F03) ) has issued an update.
Food Empire Holdings Limited announced the transfer of 375,000 treasury shares as part of its Employees’ Share Option Schemes. This transfer reduces the company’s treasury shares from 3,478,274 to 3,103,274, reflecting a slight decrease in the percentage of treasury shares against the total number of ordinary shares outstanding. The transfer, valued at S$336,542.47, indicates the company’s commitment to employee incentives and may impact its financial metrics and shareholder value.
The most recent analyst rating on (SG:F03) stock is a Buy with a S$3.09 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 has a significant market presence in various regions, including Eastern Europe, Central Asia, and Southeast Asia.
Average Trading Volume: 1,426,398
Technical Sentiment Signal: Buy
Current Market Cap: S$1.26B
For an in-depth examination of F03 stock, go to TipRanks’ Overview page.