Alberta Government Telephones adopted the name Telus in October 1990, after the province decided to sell shares in the Crown corporation to the public.
The initial public offering featured 75 million shares at $12. A year later the government sold its remaining 54 million shares at $15.
ONLY We ALBERTANS Were ALLOWED to BUY a QUOTA of THESE ORIGINAL Shares
With the TWO Share SPLITS Since 1990__Those $12 and $15 Shares HAVE a COST BASE of ONLY $3 and $3.75__Took a DECADE and Bit of DIVIDENDS to GET ALL MY COST BASE BACK
Needless to Say__TELUS Has BEEN My TOP HOLDING__BOTH Current VALUE and DIVIDEND PayOut Each Year__and WILL BE Still in My Holdings UPON DEATH.