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Bullboard - Stock Discussion Forum Yellow Pages Ltd T.Y

Alternate Symbol(s):  YLWDF

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... see more

TSX:Y - Post Discussion

Yellow Pages Ltd > Post buyback
View:
Post by HermannHaller on Oct 03, 2022 4:06pm

Post buyback

Today was the first day post the $12.58 arrangement. Stock didn't do much. I was able to buy another 1,000 at $12.50, surprisingly.

Hope we get that big dividend increase.
Comment by stockstarker on Oct 03, 2022 4:34pm
According to the news release the effective date is October 4th at 11:59pm eastern time and the payout is October 7th.
Comment by HermannHaller on Oct 03, 2022 6:18pm
Yes, effective Oct 4, so started trading post-arrangement today.  See the very bottom of the bulletin below, fyi. YELLOW PAGES LIMITED ("Y-T") - Bulletin 2022-0740; Pro Rata Share Repurchase by Way of - Plan of Arrangement Issuer: Yellow Pages Limited (the "Company") Security: Common shares (the "Shares") Symbol(s): Y Transaction: The Company will ...more  
Comment by blindpig on Oct 03, 2022 7:44pm
When will the shares disappear from our accounts? I assume they can do that any time now and don't have to wait for the payment.
Comment by vr6loco on Oct 03, 2022 8:01pm
So, is that like missing the dividend? Anyone buying shares from the 3rd on miss out on the cash?
Comment by HermannHaller on Oct 03, 2022 9:11pm
Yes, if you bought today (as I did) you keep all the shares you bought.
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