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Itafos Grants Restricted Share Units to Directors and Officers

Story Highlights
  • Itafos Inc. is a phosphate and specialty fertilizer company with global operations.
  • Itafos granted 773,037 RSUs to directors and officers to reward and incentivize contributions.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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An update from Itafos ( (TSE:IFOS) ) is now available.

Itafos Inc. announced the granting of 773,037 restricted share units (RSUs) to its directors and officers as part of its annual compensation process. These RSUs, which vest over three years, are designed to reward past contributions and incentivize future success, reflecting the company’s commitment to aligning management interests with shareholder value.

More about Itafos

Itafos Inc. is a phosphate and specialty fertilizer company with operations and projects in the United States, Brazil, and Guinea-Bissau. The company operates vertically integrated phosphate fertilizer businesses, including Conda in Idaho and Arraias in Brazil, and is developing high-grade phosphate mine projects like Farim in Guinea-Bissau and Santana in Brazil. Itafos is headquartered in Houston, Texas, and its shares are traded on the TSX-V under the ticker ‘IFOS’.

YTD Price Performance: 26.40%

Average Trading Volume: 8,437

Technical Sentiment Signal: Sell

Current Market Cap: $305.3M

For an in-depth examination of IFOS stock, go to TipRanks’ Stock Analysis page.

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