The Toronto Stock Exchange reports that Canadian Banc Corp. has split its Class A shares on a 1.1-new-for-one-old basis. According to the TSX, the record date for the split is May 19, 2026 (at the close of business), the payable date is May 22, 2026, and the ex distribution and postsplit trading date is May 19, 2026 (at the open). There will be no due-bill trading.
The TSX notes that no fractional Class A shares will be issued. Fractional share
entitlements will be rounded down to the next whole share. As the Class A shares trade in the book-based system and
no individual certificates are issued, holders of Class A
shares need not take any action with respect to receiving the
split shares.
For more information, see the issuer's news release dated May 12, 2026.
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