Q: Can you please explain what all this means, thanks.
The TSX will implement an "if, as and when issued" trading market commencing Sept. 25, 2024 and ending at the close of business on Oct. 1, 2024 for TC Energy Common Shares and common shares of South Bow (South Bow Common Shares).
The TC Energy Common Shares will resume "regular way" trading on the TSX and the NYSE on Oct. 2, 2024.
The spinoff is on Sep. 25th and the ex-dividend date for TRP is the 27th.
The TSX will implement an "if, as and when issued" trading market commencing Sept. 25, 2024 and ending at the close of business on Oct. 1, 2024 for TC Energy Common Shares and common shares of South Bow (South Bow Common Shares).
The TC Energy Common Shares will resume "regular way" trading on the TSX and the NYSE on Oct. 2, 2024.
The spinoff is on Sep. 25th and the ex-dividend date for TRP is the 27th.
5i Research Answer:
The if, as, and when issued trading is a provisonal trading mechanism that allows people to...