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Titanium Transportation Group Awards Long-Term Stock Options

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Titanium Transportation Group Awards Long-Term Stock Options

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Titanium Transportation ( (TSE:TTNM) ) just unveiled an update.

Titanium Transportation Group announced the grant of 393,900 long-term incentive stock options to employees and directors, allowing them to purchase shares at $2.30 each over a 10-year period. This initiative aligns with the company’s Stock Option Plan and requires TSX approval, reflecting Titanium’s commitment to incentivizing its workforce and potentially enhancing its market positioning.

More about Titanium Transportation

Titanium is a leading North American transportation company, providing asset-based trucking operations and logistics brokerage services across Canada and the United States. With approximately 850 power units, 3,000 trailers, and 1,300 employees, the company offers truckload, dedicated, and cross-border trucking services, logistics, and warehousing to over 1,000 customers. Titanium is known for acquiring asset-based trucking companies and has ranked among the fastest growing companies in North America.

YTD Price Performance: -2.15%

Average Trading Volume: 28,212

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$103M

See more insights into TTNM stock on TipRanks’ Stock Analysis page.

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