The Toronto Stock Exchange reports that BetaPro S&P/TSX Capped Energy -2x Daily Bear ETF has rolled back its shares on a one-new-for-six-old basis, effective at the open on Nov. 28, 2024. According to the TSX, the shares will continue trading under the symbol HED. The new Cusip number is 08661A 40 7.
The TSX notes that no fractional shares will be issued. Where the
consolidation results in a fractional share, the number
of postconsolidation shares will be rounded down to
the nearest whole share, in the case of a fractional
interest that is less than 0.5, or rounded up to the
nearest whole number, in the case of a fractional
interest that is 0.5 or greater. Securityholders are not required to take any action in
order to receive postconsolidation securities.
For more information, see the fund's news release dated Nov. 13, 2024.
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