East West Petroleum (TSE:EW) has released an update.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
East West Petroleum Corp. has announced a cash distribution to its shareholders as a return of capital, amounting to $0.03 per share, totaling $2,714,569.95. Shareholders of record as of September 5, 2024, will receive their share of the distribution through a cheque or via their intermediaries. The distribution follows a shareholder-approved capital reduction and will involve reclassification and exchange of common shares without requiring further action from shareholders.
For further insights into TSE:EW stock, check out TipRanks’ Stock Analysis page.
