The Toronto Stock Exchange reports that Big Banc Split Corp. has split its Class A shares on a 1.20-new-for-one-old basis. According to the TSX, the record date for the split is July 22, 2026 (at the close), and the payable date is July 23, 2026. The ex distribution and postsplit trading date is July 22, 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 July 15, 2026.
© 2026 Canjex Publishing Ltd. All rights reserved.