TMXXF - TMX Group proposes five-for-one stock split

• TMX Group ( TSX: X:CA ), the owner of the Toronto Stock Exchange and other Canadian exchanges, will seek regulatory and shareholder approval for a five-for-one split of its common shares. The company expects the share split will foster greater liquidity for the common shares.
• TMX Group stock closed at C$133.46 (US$99.61) on Tuesday. If the stock split were already implemented, each share would trade at ~C$26.69.
• The TMX Group ( X:CA ) board will recommend that shareholders approve the split at the next annual meeting of shareholders on May 2, 2023. The action is also subject to approval from the Toronto Stock Exchange.
• Earlier, TMX Group ( OTCPK:TMXXF ) Q4 non-GAAP EPS of C$1.74, down 2% from C$1.77 in Q4 2021.

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