Granite REIT announces three-for-one unit split
Granite REIT will split its units three-for-one, increasing outstanding units to 186,251,967 from 62,083,989 based on the November 3 count. Unitholders of record on November 18, 2026, will receive two additional units per unit held, and split-adjusted trading begins November 24.
1. Split schedule
Granite REIT will split its units three-for-one to improve liquidity, without diluting unitholders' equity. Unitholders of record on November 18, 2026, will receive two additional units per unit held on November 23; units will trade on a due bill basis from November 18 through November 23, with split-adjusted trading beginning on the Toronto Stock Exchange on November 24.
2. Outstanding units
Based on the November 3, 2026, unit count, the split would increase outstanding units to 186,251,967 from 62,083,989.
