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Fiera Capital Announces Dividend Reinvestment Plan
Fiera Capital Announces Dividend Reinvestment Plan Canada NewsWire MONTREAL, May...
About this update from Fiera Capital Corporation Class A
[{"type":"text","content":"\n\n\n\nFiera Capital Announces Dividend Reinvestment Plan\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\n\n\nCanada NewsWire\nMONTREAL, May 30, 2019\n\n\n\n/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/\n MONTREAL, May 30, 2019 /CNW Telbec/ - Fiera Capital Corporation (TSX: FSZ) (\"Fiera Capital\" or the \"Company\"), a leading independent asset management firm, today announced that it has implemented a Dividend Reinvestment Plan (\"DRIP\" or the \"Plan\"), effective May 30, 2019. The Plan is intended to provide shareholders of Fiera Capital with the option to have the cash dividends declared on their Fiera Capital shares automatically reinvested into additional Class A subordinate voting shares (\"Class A Shares\"), without the payment of brokerage commissions or service charges. Only future dividends declared by Fiera Capital will be eligible for reinvestment in the DRIP. As such, Fiera Capital's recently declared quarterly dividend on each of its outstanding Class A Shares and Class B special voting shares, payable to shareholders of record on May 22, 2019, is not eligible for the DRIP. \n\"We are pleased to announce the implementation of a dividend reinvestment plan which will provide shareholders with the option of reinvesting their dividends to acquire additional shares,\" said Jean-Guy Desjardins, Chairman of the Board and Chief Executive Officer of Fiera Capital. \"Sound capital management – for both clients and shareholders – is and has always been of fundamental importance in how we operate. As we continue striving to become one of the top 100 asset management firms in the world, investing in the Company and improving our margins will be key in creating shareholder value. As such, our near-term efforts will be focused on properly integrating our recently announced acquisitions and pursuing the various streamlining initiatives already underway.\"\nDRIP\nParticipation in the Plan is optional; shareholders of Fiera Capital who do not wish to participate in the Pl...