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Natural Food International Holding Ltd. ( (HK:1837) ) has provided an update.
Natural Food International Holding Ltd. has announced a new Award Share Purchase Plan under its Share Award Scheme. This plan involves purchasing up to 20 million shares from the open market to provide equity incentives to eligible participants, such as employees and contributors to the company’s growth. The plan aims to align the interests of employees and shareholders, supporting talent retention and motivation strategies. The company will use internal financial resources for this plan, ensuring no adverse impact on its financial position or public float requirements. The Board believes the current share price undervalues the company’s prospects and sees the plan as beneficial for both the company and its shareholders.
The most recent analyst rating on (HK:1837) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Natural Food International Holding Ltd. stock, see the HK:1837 Stock Forecast page.
More about Natural Food International Holding Ltd.
Natural Food International Holding Ltd. is a company registered in the Cayman Islands, operating in the food industry. It focuses on providing natural food products and is listed on the Hong Kong Stock Exchange under the stock code 1837.
Average Trading Volume: 2,275,467
Technical Sentiment Signal: Buy
Current Market Cap: HK$2.43B
See more insights into 1837 stock on TipRanks’ Stock Analysis page.