Corus Entertainment Inc. has established a Dividend Reinvestment Plan (the “Plan”) which is available to registered Class A Voting and Class B Non-Voting Shareholders residing in Canada. Under the Plan, dividends paid on Class A Voting Shares (“Class A Shares”) and Class B Non-Voting Shares (“Class B Shares”) may be reinvested back into Class B Shares without the payment of either brokerage commissions or service charges.
Who May Participate?
All registered holders of Corus Class A Shares or Class B Shares may participate in the Plan, provided they are a resident of Canada.
Shares Distributed under the Plan
At the election of Corus Entertainment, the Class B Shares which are distributed under the Plan may, at the election of Corus, be either newly issued from treasury or purchased on the open market.
The share price discount applicable to Class B Shares issued under the Plan is established by Corus from time to time. At present, no discount from the average market price will be applied to Class B Shares issued under the Plan, until such time as Corus elects otherwise.
Easy Record Keeping
You will receive statements quarterly by mail which will track your investment activity. You will also receive an annual income tax reporting slip.
How do I enrol?
Registered holders of Corus Class A Shares or Class B Shares residing in Canada may review the full text of the plan and obtain an enrolment form from the Plan Administrator’s website at www.tsxtrust.com or telephone at 1-800-387-0825.
Non-registered beneficial holders residing in Canada who wish to join the Plan should consult their broker, financial institution or other intermediary through which they hold Corus Class A Shares or Class B Shares.
We welcome any questions you may have about our Dividend Reinvestment Plan, whether you are thinking of becoming a member or are already one. You can contact the Plan Administrator, TSX Trust Company, toll free at 1-800-387-0825.