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Diamond Estates Issues Deferred Share Units to Directors

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Diamond Estates Issues Deferred Share Units to Directors

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The latest announcement is out from Diamond Estates Wines & Spirits ( (TSE:DWS) ).

Diamond Estates Wines & Spirits announced the issuance of deferred share units to its non-executive directors as part of its deferred share unit plan. The issuance of 221,875 DSUs, valued at $44,375, will be settled in common shares upon the director’s retirement, reflecting the company’s strategy to align director compensation with long-term growth and shareholder interests.

More about Diamond Estates Wines & Spirits

Diamond Estates Wines & Spirits Inc. is a producer of high-quality wines and ciders and acts as a sales agent for over 120 beverage alcohol brands across Canada. The company operates four production facilities in Ontario and British Columbia, producing predominantly VQA wines under several well-known brand names. Through its commercial division, Trajectory Beverage Partners, it represents leading international brands across various regions.

YTD Price Performance: -7.14%

Average Trading Volume: 44,940

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$11.75M

See more data about DWS stock on TipRanks’ Stock Analysis page.

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