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Will create greater market liquiditym wider distribution of shares among a broader investor base.
February 24, 2017
By: DAVID SAVASTANO
Editor, Ink World Magazine
CCL Industries Inc. announced that it proposes to split its Class A voting shares and Class B non-voting shares on a five-for-one basis. The proposed stock split has been approved by the company’s Board of Directors and requires the approval of the holders of the Class A voting shares at the annual and special meeting of CCL’s shareholders scheduled to be held in Toronto, Ontario, on May 9, 2017. The stock split is also subject to the requirements of the TSX. Following shareholder approval o...
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