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DAVIDsTEA ( (TSE:DTEA) ) just unveiled an update.
DAVIDsTEA Inc. announced the election of five directors at its annual shareholders’ meeting in Montreal, with all nominees receiving over 99% of the votes. Additionally, shareholders re-appointed Ernst & Young LLP as the company’s auditor and approved an amendment to the 2015 Omnibus Equity Incentive Plan, increasing the number of common shares available for issuance. This development reflects the company’s stable governance and commitment to enhancing shareholder value.
More about DAVIDsTEA
DAVIDsTEA is a prominent North American tea merchant headquartered in Montréal, Canada. The company specializes in high-quality proprietary loose-leaf teas, pre-packaged teas, tea sachets, and tea-related accessories. It operates through an e-commerce platform, the Amazon Marketplace, and wholesale channels, including over 4,000 grocery stores and pharmacies in Canada and the United States. DAVIDsTEA is known for its innovative flavors, wellness-driven ingredients, and organic tea collections.
Average Trading Volume: 38,620
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$28.6M
For detailed information about DTEA stock, go to TipRanks’ Stock Analysis page.