TELUS Corp. (TU, T_A.TO) said Wednesday that it has completed its previously announced two-for-one stock split of the company's common shares.
On April 16, each TELUS shareholder of record as of the previous day - April 15, - received one additional share for each share owned.
The newly issued common shares commenced trading on the Toronto Stock Exchange and New York Stock Exchange at the start of business Wednesday.
As a result of the completion of the stock split, the number of TELUS common shares outstanding has doubled to about 653.7 million while the trading price of each share will be about half of yesterday's closing price of $70.56.
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