Cable / Telecom News

Quebecor announces stock split

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.www.quebecor.com