QLT Inc. shareholders approve $200M special distribution

theflyonthewall.com

QLT Inc. announced that at the annual general and special meeting, QLT's shareholders approved a special cash distribution in the amount of $200M, by way of a reduction of the capital of the company's common shares. As a result, QLT's shareholders as of June 24, will receive a special cash distribution payment of approximately $3.92 per share.

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