AIC Diversified Canada Split Corp.
TSX : ADC
TSX : ADC.PR.A

AIC Diversified Canada Split Corp.

September 20, 2005 13:16 ET

AIC Diversified Canada Split Corp.-Distribution and Retraction, September 2005

BURLINGTON, ONTARIO--(CCNMatthews - Sept. 20, 2005) - -AIC Diversified Canada Split Corp. (TSX:ADC)(TSX:ADC.PR.A) today announced that a quarterly cash distribution in the amount of $0.375 per preferred share of the Corporation will be paid on September 30, 2005 to preferred shareholders of record as of September 29, 2005.

AIC Diversified Canada Split Corp. also announced that 2,700 Capital Shares and 2,700 Preferred Shares, representing 0.30% of the issued and outstanding Capital Shares and Preferred Shares, respectively, were surrendered on September 16, 2005 for concurrent retraction under the regular monthly retraction privilege. In addition, 3,200 Capital Shares, representing 0.35% of the issued and outstanding Capital Shares and 3,000 Preferred Shares, representing 0.33% of the issued and outstanding Preferred Shares, were surrendered on September 16, 2005 for retraction under the regular monthly retraction privilege. In accordance with the requirements of its share provisions, AIC Diversified Canada Split Corp. is purchasing for cancellation 3,200 Preferred Shares, representing 0.35% of the issued and outstanding Preferred Shares and 3,000 Capital Shares, representing 0.33% of the issued and outstanding Capital Shares, at the prevailing market price for the Preferred Shares and Capital Shares on the Toronto Stock Exchange.


Contact Information

  • AIC Limited
    Gregory Joseph
    Manager of Fund Accounting
    (905) 331-4242, extension 4284