QLT Inc. announce special cash distribution of $3.95 per share

theflyonthewall.com

The board has approved a special cash distribution to shareholders in the amount of $200M, by way of a reduction of the paid-up capital of the common shares, resulting in the return of approximately $3.95 per share. The Cash Distribution to shareholders will be made to shareholders without Canadian withholding taxes of up to 25% being payable, pursuant to an Advance Tax Ruling received from Canadian tax authorities.

View Comments (0)