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The latest update is out from Food Empire Holdings Limited ( (SG:F03) ).
Food Empire Holdings Limited announced the transfer of 60,000 treasury shares as part of its Employees’ Share Option Schemes. This transfer reduces the company’s treasury shares from 3,905,374 to 3,845,374, slightly decreasing the percentage of treasury shares against the total number of ordinary shares outstanding from 0.715% to 0.704%. This move is part of the company’s ongoing efforts to incentivize employees and align their interests with corporate goals, potentially impacting shareholder value and employee engagement.
The most recent analyst rating on (SG:F03) stock is a Hold with a S$2.50 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 primarily on the production and distribution of instant beverage products, frozen convenience food, and snack food. The company is known for its market presence in emerging markets, particularly in Russia, Eastern Europe, and Asia.
Average Trading Volume: 1,399,396
Technical Sentiment Signal: Buy
Current Market Cap: S$1.3B
For a thorough assessment of F03 stock, go to TipRanks’ Stock Analysis page.