How Dye & Durham Responded to Activist Shareholders
Company statements responding to Plantro, Matthew Proud, OneMove, Ronnie Wahi and other shareholders. This is not a one-sided archive: for every activist allegation, the company's response is included where one exists.
Claims and company responses
Approximately C$1 billion of shareholder value destroyed under the board.
Dye & Durham highlighted new leadership's commitment to turnaround initiatives (8 Jul 2025).
Disputed.
False statements made by Plantro.
Dye & Durham issued 'Corrects False Statements Made by Plantro' on 20 Oct 2025.
Company rebuttal issued.
Board should be reconstituted; company should be sold.
The company launched a strategic review and formal sale process; board changes occurred through 2026.
Strategic review and board changes underway.
Plantro acquisition proposal should be accepted.
The strategic committee reviewed the proposal; Plantro withdrew it on 20 Oct 2025.
Proposal withdrawn.
Cooperation agreement breached.
Plantro responded to the legal action; the dispute was disclosed publicly.
Disclosed legal dispute; no court finding.
This page is intentionally balanced. Where the company has not responded to a specific allegation, that is noted. See the legal dispute page for the disclosed litigation.
Frequently asked questions
How did Dye & Durham respond to Plantro?
The company highlighted new leadership's turnaround commitment (8 Jul 2025), issued 'Correcting False Statements Made by Plantro' (20 Oct 2025), and disclosed a legal action against Plantro (23 Oct 2025).