The debate over ticker extensions and dual-class shares in Canada
It has been more than a year since the Toronto Stock Exchange (TSX), prodded by the Canadian Coalition for Good Governance (CCGG), ordered issuers to affix new extensions to their stock symbols. And it has been just over a month since the TSX put the kibosh on the whole program. With some 20 percent of TSX and S&P Composite Index companies maintaining some form of subordinated voting structure, the idea was to inform investors of their voting rights, thus increasing transparency and market
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