Toronto

BRAD ALLEN

366 Bay Street
Suite 200
Toronto, ON M5H 4B2  
Direct (416) 637-4614


Vancouver

DAVID SALMON
666 Burrard Street
Suite 500
Vancouver, BC V6C 3P6 
Direct (778) 370-1388 

New York

FRANCIS BYRD
100 Wall Street
22nd Floor
New York, NY 10005 
Direct (917) 338-3191


Subcribe to our
ByrdWatch Newsletter 
for Corporate Governance 

updates


 

Small Shareholder (Odd Lot) Program

Build shareowner value and reduce costs
Many corporate issuers are faced with establishing a balance of building shareholder value and reducing shareholder servicing costs.

The Laurel Hill Advisory Group offers a turn-key solution that enables corporate issuers to reconnect with existing shareholders, reduce shareholder servicing costs while building shareholder value. 

Laurel Hill provides a solution to shareholders that own less than 100 shares and are seeking a convenient and cost effective way to sell their holdings.  Many of these shareholders are passive investors who have received their holdings through spin-offs, mergers, acquisitions or reverse stock splits.  Regardless of how these shareholders became investors, our Odd Lot program provides a convenient option allowing the participating shareholder the ability to sell their holdings or round-up to 100 shares.  Corporate issuers find that a majority of their corporate share and servicing costs result from the Odd Lot shareholders that hold a minority of the outstanding shares.

A few key items offered by our Odd Lot service are:    
     • Transparency of fees
     • Shareholder interaction through the entire process
     • Cost effective solution to shareholder and issuer clients
     • Cost savings associated with servicing your Odd Lot population

Laurel Hill can design an Odd Lot program specific to your needs inclusive of identifying Odd Lot shareholder threshold, election offering (sell only, charitable donation, etc.) and marketing opportunity.