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An update from DAVIDsTEA ( (TSE:DTEA) ) is now available.
Jane Silverstone Segal, Chair of the Board of Directors of DAVIDsTEA Inc., has significantly increased her control over the company by acquiring shares from Rainy Day Investments Ltd. This transfer, resulting from a bequest by her late husband, Herschel Segal, raises her stake in the company to 44.99% of the outstanding common shares. This shift in shareholding consolidates her influence within the company, potentially impacting its strategic direction and decision-making processes.
More about DAVIDsTEA
DAVIDsTEA Inc. operates in the specialty tea industry, offering a wide range of tea products and accessories. The company is known for its innovative blends and market focus on providing unique tea experiences to consumers.
Average Trading Volume: 36,009
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$26.99M
Learn more about DTEA stock on TipRanks’ Stock Analysis page.