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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.