Stantec approves 2-for-1 share split
May 10, 2006
By Canadian Consulting Engineer
Stantec has approved a two-for-one split of the company's common shares. Each shareholder of record at the close of...
Stantec has approved a two-for-one split of the company’s common shares. Each shareholder of record at the close of business on May 19 will receive one additional share for every outstanding share held on the record date. The split will increase the total number of the company’s common shares from approximately 22.6 million to 45.1 million.
Stantec is one of only two Canadian consulting engineering companies that is publicly traded. It has over 6,000 employees in 80 locations of North America and the Caribbean. It trades on the Toronto Stock Exchange and the New York Stock Exchange.