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Diamond Estates Wines & Spirits ( (TSE:DWS) ) has shared an announcement.
Diamond Estates Wines & Spirits Inc. announced the issuance of deferred share units (DSUs) to its non-executive directors as part of their compensation plan. The issuance of 221,250 DSUs, valued at $0.20 each, is intended to settle $44,250 of deferred directors’ compensation and will be converted into common shares upon the directors’ retirement. This move reflects the company’s strategic approach to managing director compensation and aligns with its broader financial and operational strategies.
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 various well-known brand names. Through its commercial division, Trajectory Beverage Partners, Diamond Estates represents many leading international beverage brands across all regions of Canada.
YTD Price Performance: -14.29%
Average Trading Volume: 31,354
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$11.84M
Learn more about DWS stock on TipRanks’ Stock Analysis page.