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Bullboard - Stock Discussion Forum Teck Resources Ord Shs Class A T.TECK.B


Primary Symbol: T.TECK.A Alternate Symbol(s):  TCKRF | TECK

Metals & Mining Industrial Metals & Minerals
Teck Resources Limited is a Canadian resource company. The Company operates a portfolio of copper and zinc operations across North and South America. The Company’s operations and projects include Antamina, Cardinal River, Galore Creek Project, Carmen de Andacollo, Highland Valley Copper, Trail Operations, Quebrada Blanca, Carmen de Andacollo, HVC Mine Life Extension Project, Galore Creek... see more

TSX:TECK.A - Post Discussion

Teck Resources Ord Shs Class A > price drop
View:
Post by CarsT1 on May 23, 2023 2:47pm

price drop

what was cause for A shares to drop so much today

-is there something specific

Comment by cgytrader on May 23, 2023 6:14pm
Most likely has to do with the elimination of the due-bill basis trading for the Class B shares entitlement that Class A shareholders had.  It was 0.67 Teck.B share given for every 1 Teck.A share held as at May 19, 2023 I think. After this date, the entitlement disappeared so it's just back to granting the 100-votes per share. 
Comment by CarsT1 on May 24, 2023 7:48am
thanks very much for the reply / explanation
Teck Resources Ord Shs Class A