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Urban Infrastructure Group Inc ( (TSE:UIG) ) has issued an announcement.
Urban Infrastructure Group Inc. has announced several key corporate updates, including the appointment of Gary Alves as the new CEO, following the resignation of Ungad Chadda. The company is also reducing its board size to enhance operational efficiency and has nominated Norman Levine to the board. These changes reflect UIG’s commitment to cost control and shareholder value enhancement. Additionally, an annual and special meeting of shareholders is scheduled for May 27, 2025, to address various corporate matters, including board elections and stock option repricing.
More about Urban Infrastructure Group Inc
Urban Infrastructure Group Inc. is a leading stage-one concrete and drainage infrastructure construction company specializing in large-scale new residential housing developments.
YTD Price Performance: 40.0%
Average Trading Volume: 34,732
Technical Sentiment Signal: Sell
Current Market Cap: C$3.95M
See more insights into UIG stock on TipRanks’ Stock Analysis page.