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Vitreous Glass Issues Deferred Share Units to Director

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Vitreous Glass Issues Deferred Share Units to Director

Elevate Your Investing Strategy:

The latest announcement is out from Vitreous Glass ( (TSE:VCI) ).

Vitreous Glass Inc. announced the issuance of 865 deferred share units (DSUs) to an independent director as a non-cash settlement for dividends earned on previously issued units. This strategic move reflects the company’s commitment to rewarding its leadership through equity-based incentives, aligning director interests with company performance and potentially enhancing stakeholder value.

More about Vitreous Glass

Vitreous Glass Inc., based in Airdrie, Alberta, operates within the glass recycling industry, focusing on processing and converting waste glass into clean, reusable materials for various applications.

YTD Price Performance: -4.78%

Average Trading Volume: 2,750

Technical Sentiment Consensus Rating: Hold

Current Market Cap: C$31.68M

Learn more about VCI stock on TipRanks’ Stock Analysis page.

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