tiprankstipranks
Trending News
More News >

Diamond Estates Issues Deferred Share Units to Directors

Story Highlights
Diamond Estates Issues Deferred Share Units to Directors

Confident Investing Starts Here:

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.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1