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Delivra Health Brands to Implement 10-to-1 Share Consolidation

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The latest announcement is out from Delivra Health Brands ( (TSE:DHB) ).

Delivra Health Brands Inc. announced it will consolidate its common shares on a 10-to-1 basis, effective February 21, 2025, reducing the number of issued and outstanding common shares significantly. This move is expected to streamline the company’s share structure without changing its name, and it involves adjustments to existing stock options and warrants, potentially impacting stakeholder holdings.

More about Delivra Health Brands

Delivra Health Brands Inc. is engaged in providing alternative wellness solutions to help individuals manage their health. The company offers innovative products such as Dream Water® and LivRelief™, which address issues like chronic pain, anxiety, and sleeplessness, enabling customers to improve their mobility, energy, and quality of life.

YTD Price Performance: 33.33%

Average Trading Volume: 96,824

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$6.25M

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

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