TDb Split Corp Class A (TSE:XTD) has released an update.
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TDb Split Corp. has announced an extension of its termination date, giving shareholders of its XTD Class A and Priority Equity Shares the opportunity to enjoy continued benefits and defer potential tax liabilities until December 1, 2029. The extension includes the possibility of adjusting the dividend rate for Priority Equity Shares, with details to be released by September 30, 2024, and a Special Retraction Right for shareholders to tender their shares based on the net asset value as of November 29, 2024.
For further insights into TSE:XTD stock, check out TipRanks’ Stock Analysis page.
