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Life & Banc Split Corp. announces 15-for-100 stock split for Class A shares on April 17, 2026.

Company Fundamentals
09 Apr 2026
Newsfile Corp
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Bullish
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Life & Banc Split Corp. plans a 15-for-100 stock split for its Class A shares, effective April 17, 2026, subject to TSX approval. Shareholders will receive 15 additional shares for every 100 held, with monthly cash distributions maintained at $0.10 per share, increasing total payouts by about 15%. The Fund has delivered strong returns, averaging 21.9% annually over the past decade, outperforming major Canadian financial indexes. This split aims to enhance liquidity and investor value without tax consequences.

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