Canadian Natural Resources (TSE:CNQ) has released an update.
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Canadian Natural Resources Limited has announced a two-for-one split of its common shares, with shareholders on record as of June 3, 2024, to receive an additional share for each one held on the payment date of June 10, 2024. The move, which will not alter shareholder equity or the rights of common shares, aims to enhance market liquidity and attract a broader investor base. No action is required from shareholders, as share adjustments will be made automatically, and the split is not expected to have tax implications for Canadian shareholders.
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