Printer Friendly

DOMINION TEXTILE ANNOUNCES COMMON SHARE BUY AND SELL PROGRAMS

 DOMINION TEXTILE ANNOUNCES COMMON SHARE BUY AND SELL PROGRAMS
 MONTREAL, March 17 /PRNewswire/ -- Dominion Textile Inc. (Montreal, Toronto: DTX) announced today the establishment of two voluntary programs intended for the corporation's shareholders who hold a small number of shares.
 The Common Share Sell Program is offered to shareholders of record on 16 March 1992 who hold less than 100 shares and allows them to sell these shares without incurring brokerage fees or other charges.
 The Common Share Buy Program is offered to shareholders of record on March 16, 1992 who hold less than 100 shares. These shareholders can buy additional shares to increase their total holding to 100 shares (board lot) without incurring brokerage fees or other charges.
 Dominion Textile said the programs are designed to meet the requests of a number of shareholders and also permit the corporation to reduce administration costs in servicing a large number of small shareholder accounts, while allowing existing odd-lot shareholders to build up their holdings to a board lot.
 These programs have been accepted by the Toronto Stock Exchange and the Montreal Exchange in accordance with their policies regarding "Small Shareholder Selling and Purchase Arrangements".
 These programs will be conducted by The Royal Trust Company acting as Dominion Textile's agent.
 The programs are only in effect between April 1, 1992 and April 30, 1992.
 -0- 3/17/92
 /CONTACT: Viviane Mattey, vice president-investor relations and corporate taxation of Dominion Textile, 514-989-6167/
 (DTX.) CO: Dominion Textile Inc. ST: Quebec IN: TEX SU:


TS -- NY031 -- 8726 03/17/92 10:55 EST
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Mar 17, 1992
Words:257
Previous Article:FLORIDA GAS REQUESTS APPROVAL TO ACQUIRE INTEREST IN MOBILE BAY PIPELINE
Next Article:NACCO INDUSTRIES ANNOUNCES PURCHASE PROGRAM FOR SUBSIDIARY DEBT
Topics:


Related Articles
DOMINION TEXTILE ANNOUNCES AMENDMENT TO ITS DIVIDEND REINVESTMENT AND SHARE PURCHASE PLAN
DOMINION TEXTILE REPORTS FOURTH QUARTER AND YEAR-END RESULTS
DOMINION TEXTILE REPORTS FIRST QUARTER PROFIT
DOMINION TEXTILE INC. ISSUES COMMON SHARES
DOMINION TEXTILE ANNOUNCES FILING OF REGISTRATION STATEMENT WITH SEC
DOMINION TEXTILE ANNOUNCES PRICING FOR U.S. SECURITIES
Dominion Textile Inc. Files Normal Course Issuer Bid
Polymer Group Acquires Shares of Dominion Textile Inc.
Polymer Group, Inc. Affiliate Announces Cash Tender Offer for All Shares of Dominion Textile Inc.
DT Acquisition Inc. Challenges Dominion Textile Inc. Poison Pill

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters