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Canadian Large Cap Leaders Split Corp. Completes Overnight Offering of Preferred Shares and Class A Shares

The company sold 2.83 million shares and will use the proceeds to buy Canadian dividend growth stocks selected by its portfolio manager.

  • On Friday, August 21, 2026, Canadian Large Cap Leaders Split Corp. completed an overnight offering of Preferred Shares and Class A Shares, raising $34.4 million; securities began trading on the Toronto Stock Exchange under symbols NPS.PR.A and NPS.
  • Ninepoint Partners, based in Toronto and overseeing approximately $8 billion in assets, manages the Company's portfolio strategy focused on Canadian Dividend Growth Companies with market capitalizations of at least $10 billion.
  • The Company announced a distribution payable on September 14, 2026, to shareholders of record on August 31, 2026, and offers a distribution reinvestment plan, or "DRIP," enabling Class A Shareholders to reinvest distributions commission-free.
  • Led by National Bank Financial Inc., the syndicate of agents finalized the sale through a prospectus supplement dated August 14, 2026, under the Company's short form base shelf prospectus originally dated May 28, 2026.
  • Investors should not place undue reliance on forward-looking statements regarding the Company's future financial performance, as actual results may vary from anticipated events, plans, or predictions disclosed in public filings.
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St Catharines StandardSt Catharines Standard
+7 Reposted by 7 other sources
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Canadian Large Cap Leaders Split Corp. Completes Overnight Offering of Preferred Shares and Class A Shares

[Not for distribution to U.S. newswire services or for dissemination in the United States.]

·Welland, Canada
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The Hamilton Spectator broke the news in Hamilton, Canada on Friday, August 21, 2026.
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