Yellow Pages Ltd T.Y

Alternate Symbol(s): YLWDF

Communication Services

Yellow Pages Limited is a Canadian digital media and marketing company. The Company offers targeted tools to local businesses, national brands and consumers, allowing them to interact and transact within the digital economy. It offers small and medium-sized enterprises (SMEs) across Canada full-serve access to a comprehensive suite of digital and traditional marketing solutions, such as online and mobile priority placement on its digital media properties, content syndication, search engine solutions, Website fulfillment, social media campaign management, digital display advertising, video production, e-commerce solutions, as well as print advertising. Its media properties, primarily desktop, mobile and print, continue to serve as effective marketplaces for Canadian local merchants, brands and consumers. The Company holds local online properties, including YP.ca, Canada411 and 411.ca. It also holds the YP, Canada411 and 411 mobile applications and Yellow Pages print directories.

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Yellow Pages Ltd

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Comment by DoubleIndemnityon Feb 26, 2020 5:12pm

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Post# 30737862

RE:RE:About dividend.

DMR001 wrote: I thought the understanding was no dividend until all outstanding debt is repaid.

The confusing indenture for the subordinated debentures says, essentially,

(a) they can't issue any dividends or buy any shares until the debentures are repaid
(b) nothing in (a) should be interpreted as preventing them from spending up to $20 million on dividends or share buybacks

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