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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.