Fresh Del Monte Produce CEO sells shares worth $940k

Following these transactions, Abu Ghazaleh directly owns 5,068,357 ordinary shares and indirectly owns 20,000 shares held by spouse. He also holds derivative securities including Dividend Equivalent Units, Restricted Stock Units and Performance Stock Units. The company maintains strong shareholder returns, having paid dividends for 16 consecutive years, with a current yield of 3.26%. InvestingPro subscribers can access 8 additional key insights about FDP’s financial health, which is rated as "GOOD" by their comprehensive analysis system. The company maintains strong shareholder returns, having paid dividends for 16 consecutive years, with a current yield of 3.26%. InvestingPro subscribers can access 8 additional key insights about FDP’s financial health, which is rated as "GOOD" by their comprehensive analysis system.

Following these transactions, Abu Ghazaleh directly owns 5,068,357 ordinary shares and indirectly owns 20,000 shares held by spouse. He also holds derivative securities including Dividend Equivalent Units, Restricted Stock Units and Performance Stock Units.

In other recent news, Fresh Del Monte Produce Inc. reported second-quarter earnings that significantly exceeded analyst expectations. The company posted adjusted earnings per share of $1.23, surpassing estimates by $0.28. Additionally, Fresh Del Monte’s revenue reached $1.18 billion, exceeding the consensus forecast of $1.16 billion. These results were driven by the strong performance of their specialty pineapples, contributing to profit growth. Fresh Del Monte’s financial performance highlights the company’s ability to outperform market predictions. This development is part of a series of recent updates from the company. Investors may find these results notable given the company’s consistent delivery of higher-than-expected earnings.

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