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Alithya Group ( (TSE:ALYA) ) has provided an update.
Alithya Group Inc. has announced amendments to its corporate articles under the Business Corporations Act, effective January 1, 2025. These amendments include the creation of two series of preferred shares, Series A and Series B, and adjustments to the company’s share capital structure, authorizing an unlimited number of Class A Subordinate Voting Shares, Class B Multiple Voting Shares, and preferred shares. This strategic move is aimed at enhancing the company’s financial flexibility and market positioning by expanding its equity structure, potentially benefiting shareholders through increased voting rights and dividend opportunities.
More about Alithya Group
Average Trading Volume: 4,959
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $102.2M
See more data about ALYA stock on TipRanks’ Stock Analysis page.
