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ST Group Food Industries Holdings Limited ( (SG:DRX) ) has shared an update.
ST Group Food Industries Holdings Limited announced the sale of its treasury shares, which were previously held by the company. The sale, conducted on June 4, 2025, involved 1,886,100 treasury shares, representing 0.74% of the company’s total outstanding shares before the sale. The transaction generated $282,915 in proceeds, which are intended to be used for working capital purposes. This move is likely to impact the company’s financial flexibility and could influence its market positioning by optimizing its capital structure.
More about ST Group Food Industries Holdings Limited
Average Trading Volume: 16,505
Technical Sentiment Signal: Buy
Current Market Cap: S$35.35M
For an in-depth examination of DRX stock, go to TipRanks’ Stock Analysis page.