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Olam Group ( (SG:VC2) ) has issued an announcement.
Olam Group Limited has announced the transfer of 320,100 treasury shares to its Non-Executive Directors as part of their remuneration for the financial year ending December 31, 2024. This move, valued at S$304,223.04, reflects the company’s strategy to manage its equity and incentivize its leadership, slightly reducing its treasury shares from 61,550,800 to 61,230,700, which impacts the percentage of treasury shares against the total number of ordinary shares outstanding.
More about Olam Group
Olam Group Limited is a Singapore-based company operating in the agricultural industry. It is involved in the sourcing, processing, and distribution of agricultural products and food ingredients, focusing on sustainable supply chains and global market reach.
Average Trading Volume: 2,266,993
Technical Sentiment Signal: Sell
Current Market Cap: S$3.37B
For an in-depth examination of VC2 stock, go to TipRanks’ Stock Analysis page.
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