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Spectra ( (TSE:SSA) ) has provided an announcement.
Spectra Products Inc. has announced the granting of 220,000 stock options to a director under its stock option plan. Each option allows the purchase of one common share at C$0.15, exercisable over five years. This move reflects the company’s strategic efforts to align its leadership incentives with shareholder interests, potentially impacting its market positioning and stakeholder engagement.
More about Spectra
Spectra Products Inc. is a Toronto-based company specializing in the design, manufacturing, and distribution of wheel end safety products for the transportation industry. Their product lineup includes Brake Safe, Zafety Lug Lock, Hub Alert, the Termin-8R line of anti-corrosion and extreme pressure lubricants, and Optimum Fleet Health, an AI-driven vehicle maintenance software.
YTD Price Performance: -2.44%
Average Trading Volume: 37,091
Technical Sentiment Signal: Buy
Current Market Cap: C$2.73M
See more data about SSA stock on TipRanks’ Stock Analysis page.