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Onex to reduce proposed sunset provision for multiple-voting shares

Onex to reduce sunset provision on Schwartz shares

Mar 27, 2023
Mar 27, 2023

Onex veut réduire la durée de la clause de temporisation des actions à vote multiple — The Onex Corporation logo is displayed at the company's annual general meeting in Toronto on Thursday, May 10, 2012. THE CANADIAN PRESS/Nathan Denette
NSD

The Onex Corporation logo is displayed at the company's annual general meeting in Toronto on Thursday, May 10, 2012. THE CANADIAN PRESS/Nathan Denette
NSD

TORONTO - Onex Corp. says it is shortening the proposed sunset provision for its multiple-voting shares to three years from its initial plan for five.

The company says the change to the proposed plan, which will be voted on at the company's annual meeting in May, comes after consultations with shareholders.

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