Canadian Natural Resources (TSE:CNQ) has released an update.
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Canadian Natural Resources Limited has confirmed June 3, 2024, as the date when shareholders will record their eligibility for a two-for-one common share split, with the additional shares distributed on June 10, 2024. This strategic move is aimed at enhancing market liquidity and attracting a broader investor base, without affecting shareholder equity or the rights associated with the shares. Shareholders need not take any action, as share adjustments will be made automatically and the stock will trade on a split-adjusted basis starting June 11, 2024.
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