tiprankstipranks
StarHub Transfers Over 2 Million Treasury Shares under Stock Plan
Company Announcements

StarHub Transfers Over 2 Million Treasury Shares under Stock Plan

Story Highlights

Invest with Confidence:

StarHub ( (SG:CC3) ) has issued an update.

StarHub Ltd has announced the transfer of 2,124,056 treasury shares as part of its Restricted Stock Plan 2014, reducing its treasury share holdings to 11,651,805. This transfer is valued at S$2,243,102.64 and reflects a strategic move to fulfill share awards, impacting the company’s share capital structure slightly by reducing the percentage of treasury shares held against the total issued shares.

More about StarHub

StarHub Ltd is a telecommunications company primarily engaged in providing a range of information, communication, and entertainment services. The company focuses on delivering mobile services, pay television, and broadband services primarily in the Singapore market.

YTD Price Performance: 1.69%

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $1.57B

See more data about CC3 stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App