Shopify to split its stock 10-for-1 as part of major shakeup of voting control of company - CBC News


4/11/2022 12:00:00 AM3 yearsago

Ottawa-based technology company is splitting its shares on a 10-for-1 basis as part of an overhaul of its ownership structure.

Shopify Inc. is proposing changes to its governance structure to preserve founder and CEO Tobi Lutke's voting power, but provide sunset provisions that prevent him from transferring that power. Unde… [+1378 chars]

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