Cable / Telecom News

Shaw shareholders approve two-for-one

CALGARY - Shaw Communications shareholders approved the company's proposed two-for-one stock split of its outstanding class A participating shares and class B non-voting participating shares late yesterday. The split will be effective as of the close of business on July 30, 2007. Shareholders of record on the 30th will keep their current share certificates and will be provided with additional share certificates representing the class A participating shares and class B non-voting participating shares to which they are entitled as a result of the stock split. The shares will begin trading on a divided basis on those exchanges, respectively, at...