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Onex changes voting rights, shifting board control mainly to Subordinate Voting Shareholders.

Company Fundamentals
11 May 2026
GlobeNewsWire
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Neutral
pluang ai news

Onex Corporation announced an "Event of Change" affecting voting rights of its share classes. Subordinate Voting Shares (SVS) holders now have one vote per share and elect 80% of the board, while Multiple Voting Shares (MVS) holders elect 20% and lose general voting rights. A sunset clause allows Onex to repurchase MVS by May 2029 or earlier if key ownership thresholds change. This shift redistributes board control, impacting governance and shareholder influence going forward.

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