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Food Empire Transfers Treasury Shares for Employee Schemes
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Food Empire Transfers Treasury Shares for Employee Schemes

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Food Empire Holdings Limited ( (SG:F03) ) has provided an update.

Food Empire Holdings Limited has announced the transfer of 350,000 treasury shares from its Share Buyback Account, intended for the Employees’ Share Option Schemes. This move slightly reduces the company’s treasury shares from 4.562% to 4.493% of the total outstanding ordinary shares, reflecting a strategic allocation of shares to employees, potentially enhancing employee engagement and retention.

More about Food Empire Holdings Limited

Food Empire Holdings Limited is a company registered in Singapore, primarily involved in the food and beverage industry. It focuses on the production and distribution of various food products, including instant beverages and snacks, with a significant market presence in multiple regions.

YTD Price Performance: -0.51%

Average Trading Volume: 197,522

Technical Sentiment Consensus Rating: Hold

Current Market Cap: S$533.5M

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

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