CP (CP) announces a proposed 5-for-1 share split and new share repurchase program

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CP announces a proposed five-for-one share split and a new share repurchase program

January 27, 2021 8:30 AM EST

CALGARY, AB, Jan. 27, 2021 /PRNewswire/ - Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) today announced its Board of Directors will seek shareholder and regulatory approval for the implementation of a five-for-one share split of CP's issued and outstanding common shares. The share split is subject to the approval of shareholders at the Annual and Special Meeting of Shareholders scheduled to be held on April 21, 2021 and to the requirements of the Toronto Stock Exchange ("TSX") and New York Stock Exchange... More