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Perma-Pipe Appoints New Chairman After Annual Meeting

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Perma-Pipe Appoints New Chairman After Annual Meeting

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An update from Perma-Pipe International Holdings ( (PPIH) ) is now available.

On June 25, 2025, Perma-Pipe International Holdings held its Annual Meeting where stockholders voted on several key proposals. Four directors were elected to serve until the 2026 Annual Meeting, with some directors tendering their resignations due to not receiving a majority of votes. Additionally, David J. Mansfield resigned from the Board. Over 94% of shares approved the compensation of the company’s executive officers, and over 86% voted for an annual advisory vote on executive compensation. PricewaterhouseCoopers LLP was ratified as the independent registered public accounting firm for the fiscal year ending January 31, 2026, with over 99% approval. Jon C. Biro was appointed as the new Chairman of the Board, succeeding Jerome T. Walker.

Spark’s Take on PPIH Stock

According to Spark, TipRanks’ AI Analyst, PPIH is a Outperform.

Perma-Pipe International Holdings scores well due to strong financial performance and positive corporate developments. Bullish technical indicators and reasonable valuation are tempered by overbought signals and rising liabilities.

To see Spark’s full report on PPIH stock, click here.

More about Perma-Pipe International Holdings

Average Trading Volume: 45,599

Technical Sentiment Signal: Buy

Current Market Cap: $183.4M

Find detailed analytics on PPIH stock on TipRanks’ Stock Analysis page.

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