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Food Empire Transfers Treasury Shares for Employee Incentives

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Food Empire Transfers Treasury Shares for Employee Incentives

The latest update is out from Food Empire Holdings Limited ( (SG:F03) ).

Food Empire Holdings Limited has announced the transfer of 380,000 treasury shares to its Employees’ Share Option Schemes. This transfer reduces the company’s treasury shares from 23,598,200 to 23,218,200, slightly decreasing the percentage of treasury shares against the total number of ordinary shares outstanding. The value of the transferred shares is S$341,029.70, reflecting the company’s commitment to employee incentives and potentially impacting its stock liquidity and shareholder value.

More about Food Empire Holdings Limited

Food Empire Holdings Limited operates in the food and beverage industry, focusing on the production and distribution of instant beverage products and snack food. The company is known for its strong market presence in Asia, Eastern Europe, and the Middle East.

YTD Price Performance: 37.37%

Average Trading Volume: 932,463

Technical Sentiment Signal: Sell

Current Market Cap: S$736.5M

See more data about F03 stock on TipRanks’ Stock Analysis page.

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