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Note 19 - Capital Stock
12 Months Ended
Dec. 31, 2023
Notes to Financial Statements  
Equity [Text Block]

19.      Capital stock

 

The authorized capital stock of the Company is as follows:

 

An unlimited number of Preferred Shares, issuable in series;

An unlimited number of Subordinate Voting Shares having one vote per share; and         

An unlimited number of Multiple Voting Shares having 20 votes per share, convertible at any time into Subordinate Voting Shares at a rate of one Subordinate Voting Share for each Multiple Voting Share outstanding.

 

The following table provides a summary of total capital stock issued and outstanding:

 

  

Subordinate Voting Shares

  

Multiple Voting Shares

  

Total Common Shares

 
  

Number

  

Amount

  

Number

  

Amount

  

Number

  

Amount

 
                         

Balances as at:

                        

December 31, 2022

  41,607,462   845,307   1,325,694   373   42,933,156   845,680 

December 31, 2023

  46,223,682   1,126,661   1,325,694   373   47,549,376   1,127,034 

 

During the year ended December 31, 2023, the Company declared dividends on its Common Shares of $0.30 per share (2022 - $0.30).