StarHub Uses Treasury Shares to Fulfil Restricted Stock Awards
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StarHub Ltd has transferred 1,993,982 treasury shares to fulfill obligations under its Restricted Stock Plans, reducing its treasury share holdings from 9,372,395 to 7,378,413 shares. This represents a S$2.1 million utilization of treasury stock. The latest analyst rating for StarHub (SG:CC3) is a Buy with a price target of S$1.30. StarHub is a Singapore-based telecommunications and media company providing various services to consumers and businesses.
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