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Delivra Health Brands ( (TSE:DHB) ) has issued an announcement.
Delivra Health Brands Inc. has announced a proposed consolidation of its common shares, converting every ten existing shares into one new share. This move, approved by the board and pending TSX Venture Exchange approval, is intended to support organic growth and attract new investors by enhancing the marketability of the company’s shares. The consolidation will reduce the total number of common shares significantly while maintaining individual shareholder ownership proportions, except for minor adjustments.
More about Delivra Health Brands
Delivra Health Brands Inc. operates in the health and wellness industry, offering alternative wellness solutions through its brands, Dream Water® and LivRelief™. These products provide relief from common issues such as chronic pain, anxiety, and sleeplessness, helping customers improve their quality of life.
YTD Price Performance: 33.33%
Average Trading Volume: 118,063
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: C$6.25M
See more insights into DHB stock on TipRanks’ Stock Analysis page.