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This form allows shareholders of Torstar Corporation to elect to receive dividends in the form of Class B non-voting shares instead of cash, as per the dividend stock option plan.
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How to fill out stock dividend election form
How to fill out Stock Dividend Election Form
01
Obtain the Stock Dividend Election Form from your stockholder services or the company’s website.
02
Read the instructions carefully before starting to fill out the form.
03
Provide your personal details, including your name, address, and contact information.
04
Enter your shareholder account number as it appears on your account statements.
05
Indicate the number of shares you wish to elect for the dividend stock option.
06
Review the tax implications and check if you are eligible for the stock dividend.
07
Sign and date the form at the designated area.
08
Submit the completed form by the deadline set by the company, either online or through postal mail.
Who needs Stock Dividend Election Form?
01
Shareholders who wish to receive their dividends in the form of additional shares instead of cash.
02
Investors looking to reinvest their dividends to increase their stock holdings.
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What is Stock Dividend Election Form?
The Stock Dividend Election Form is a document that shareholders use to elect to receive dividends in the form of additional shares instead of cash.
Who is required to file Stock Dividend Election Form?
Shareholders who wish to receive stock dividends instead of cash dividends must file the Stock Dividend Election Form.
How to fill out Stock Dividend Election Form?
To fill out the Stock Dividend Election Form, shareholders must provide their personal information, specify the number of shares they wish to receive as dividends, and sign the form.
What is the purpose of Stock Dividend Election Form?
The purpose of the Stock Dividend Election Form is to allow shareholders the option to reinvest their earnings in the company by receiving additional shares instead of cash payouts.
What information must be reported on Stock Dividend Election Form?
The form typically requires the shareholder's name, address, number of shares held, number of shares to receive as a dividend, and a signature.
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