Hammond Power Solutions ( ($TSE:HPS.A) ) has issued an announcement.
Hammond Power Solutions Inc. announced the early retirement of Grant Robinson from its board of directors due to health issues, effective March 25, 2025. Fred Jaques will take over as lead director, and the company plans to add two new independent directors at the upcoming shareholder meeting. This leadership change is significant for HPS as it continues to strengthen its board and maintain its strategic direction in the industry.
More about Hammond Power Solutions
Hammond Power Solutions Inc. (HPS) is a company that enables electrification through its wide range of dry-type transformers, power quality products, and related magnetics. Its products are essential in electrical distribution networks and are used in various end-user applications. HPS has manufacturing plants in Canada, the U.S., Mexico, and India, and sells its products globally. The company’s shares are listed on the Toronto Stock Exchange under the symbol HPS.A.
YTD Price Performance: -29.64%
Average Trading Volume: 5,126
Technical Sentiment Signal: Hold
Current Market Cap: $714.9M
See more data about HPS.A stock on TipRanks’ Stock Analysis page.