Class A and Class B shares will commence trading on a split
basis on the Toronto Stock Exchange at the opening of business on
Friday, November 17, 2017.
MONTREAL, Nov. 16, 2017 /CNW Telbec/ - Quebecor Inc.
("Quebecor" or the "Corporation") announced today that it has
completed its previously announced two-for-one stock split of the
Corporation's Class A Multiple Voting Shares (the "Class A Shares")
and Class B Subordinate Voting Shares (the "Class B Shares"). Each
Quebecor shareholder of record on November
15, 2017, received today one additional share for each share
owned. The Class A Shares and the Class B Shares will stop trading
on the Toronto Stock Exchange on a due bill basis at the close of
business today. Consequently, the Class A Shares and the Class B
Shares will commence trading on a two-for-one split basis on the
Toronto Stock Exchange at the opening of business on Friday, November 17, 2017.
Quebecor shareholders do not need to take any action as the
Corporation has moved to the Direct Registration System. Quebecor's
transfer agent, AST Trust Company (Canada), will send to Class A and Class B
registered shareholders residing in Canada a statement of Direct Registration
System indicating the number of additional shares that they
received as a result of the stock split. Registered shareholders
residing outside Canada will
receive a physical share certificate representing one additional
share for each share held.
About Quebecor
Quebecor, a Canadian leader in
telecommunications, entertainment, news media and culture, is one
of the best-performing integrated communications companies in the
industry. Driven by their determination to deliver the best
possible customer experience, all of Quebecor's subsidiaries and
brands are differentiated by their high-quality, multiplatform,
convergent products and services.
Quebecor (TSX: QBR.A, QBR.B) is headquartered in Québec. It
holds an 81.53% interest in Quebecor Media, which employs more than
10,000 people in Canada.
A family business founded in 1950, Quebecor is strongly
committed to the community. Every year, it actively supports more
than 400 organizations working in the vital fields of culture,
health, education, the environment and entrepreneurship.
Visit our website: www.quebecor.com
Follow us on Twitter: twitter.com/Quebecor
SOURCE Quebecor