Shareholders at Canadian value-added frozen seafood company High Liner Foods approved a two-for-one share split of its outstanding common shares.
Shareholders will receive one additional common share for each common share held, in a so-called "stock push out" at the Toronto Stock Exchange.
The split will be payable on May 30 to all shareholders of record at the close of business on May 16, 2014.
The common shares will trade on a "due bill" basis from two trading days prior to the record date. They then will start trading on an "ex-date" as of June 2, 2014, as of which date purchases of High Liner Foods' common shares will no longer have an attaching entitlement to a share split.
New directors
In addition, the company elected 12 new directors of the company, including Alan Bell, Derek Buntain, James Covelluzzi, Henry demone, Robert Dexter, David Hennigar, Matthew Hennigar, Shelly Jamieson, J.
