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HRnetGroup Ltd. Transfers Treasury Shares to Directors

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HRnetGroup Ltd. Transfers Treasury Shares to Directors

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HRnetGroup Ltd. ( (SG:CHZ) ) just unveiled an announcement.

HRnetGroup Ltd. has announced the transfer of 137,429 ordinary shares held in treasury to certain directors as part of their remuneration package, effectively reducing the number of treasury shares from 32,424,520 to 32,287,091. This move, valued at S$87,500, slightly decreases the percentage of treasury shares against the total outstanding shares, reflecting the company’s strategy to align director compensation with shareholder interests.

The most recent analyst rating on (SG:CHZ) stock is a Buy with a S$0.82 price target. To see the full list of analyst forecasts on HRnetGroup Ltd. stock, see the SG:CHZ Stock Forecast page.

More about HRnetGroup Ltd.

HRnetGroup Ltd. is a company incorporated in the Republic of Singapore, operating in the human resources industry. It focuses on providing recruitment and staffing services across various sectors, positioning itself as a key player in the HR solutions market.

Average Trading Volume: 79,901

Technical Sentiment Signal: Buy

Current Market Cap: S$697.2M

See more insights into CHZ stock on TipRanks’ Stock Analysis page.

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