MONTREAL – Quebecor said Wednesday that its board of directors have approved a two-for-one stock split of the company’s outstanding Class A multiple voting and Class B subordinate voting shares.
On November 15, shareholders will receive one additional share for each share owned. The Class A and the Class B shares will commence trading on a post-split basis on November 17.
Quebecor confirmed that it has received the regulatory approval from the Toronto Stock Exchange with respect to the stock split.
