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Harrys Manufacturing ( (TSE:HARY) ) has shared an update.
Harrys Manufacturing Inc. has announced plans to divest its tobacco subsidiary, Harrys International Manufacturing Inc., as part of its strategy to diversify and enhance stakeholder value. This move is intended to mitigate risks associated with the tobacco industry, such as regulatory pressures and declining social acceptance, while attracting investors interested in environmental, social, and governance (ESG) criteria, reinforcing Harrys’ commitment to new growth opportunities.
More about Harrys Manufacturing
Harrys Manufacturing Inc. operates in the manufacturing industry, primarily focusing on tobacco products. The company is based in Vancouver, British Columbia, and is looking to diversify its operations by moving away from tobacco to focus on sustainable and responsible industries.
YTD Price Performance: 30.0%
Average Trading Volume: 6,678
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.47M
For an in-depth examination of HARY stock, go to TipRanks’ Stock Analysis page.
