How do i sell stock certificates in canada

How do i sell stock certificates in canada

Author: seovelvet Date: 20.06.2017

Authorization from the registered shareholder is required to change your mailing address. Please provide the following details to help us identify your account:. If your shares are held in certificate or DRS form, you must contact a registered stock broker to sell your shares. As Transfer Agent, we do not buy or sell shares nor can we facilitate such transactions. If you participate in a Dividend Reinvestment Plan, please review your plan to determine if you are permitted to sell your shares.

If a stock certificate is lost, destroyed, misplaced or stolen, it must be reported to us right away. You will be asked to provide written notice by email tmxeinvestorservices tmx.

How to Sell Stock Certificates

Investor Services or mail. It is important that you identify the name of the issuer i.

how do i sell stock certificates in canada

Upon receipt of the written request, we will place a temporary stop against the certificate s to prevent any unauthorized transfer of the shares. We will send you the necessary replacement paperwork which includes the purchasing of a Lost Security Surety Bond calculated at a percentage of the market value of the securities being replaced and the completion of an Affidavit of Loss and Agreement to Indemnity. Please check with us to determine if the Issuing Corporation Issuer is DRS Participating.

If they are and provided the certificates are not affixed with any legends restricting the transfer of the shares, you may submit the certificates along with the below form. Direct Registration System DRS Transaction request Form.

To request the replacement of a dividend cheque that we have issued and that has been lost or is stale dated,. Your stock certificate and appropriate documentation should be mailed to our Toronto office at University Ave, Suite , Toronto, ON M5H 4H1. It is the responsibility of the sender to ensure that the certificate is delivered to TSX Trust. We recommend that you send all certificates through a traceable mail service e. In some cases, we may require additional documents to complete the transfer.

Please contact our stock transfer team for additional information: In some cases, securities have restrictions that must be removed prior to transferring or selling shares. For information on how to remove such restrictions, please contact our Stock Transfer team who can provide all required forms: A Medallion Guarantee takes the form of a stamp and signature on a stock certificate or Securities Transfer Form.

A Medallion Guarantee is obtained from an eligible institution, such as a Commercial Bank, Broker or Trust Company. The Guarantee provides transfer agents with the assurance that the person signing a stock certificate or stock power is the authorized individual. Only institutions participating in an officially recognized Medallion Guarantee program may provide this Medallion Guarantee.

You must obtain a Guarantee on your transfer documents prior to submitting your transfer. An estate transfer is a process that legally changes the holdings registered in the name of the deceased to another i. Please send us the information via email tmxeinvestorservices tmx. TMX Group Limited and its affiliates do not endorse or recommend any securities issued by any companies identified on, or linked through, this site. Please seek professional advice to evaluate specific securities or other content on this site.

All content including any links to third party sites is provided for informational purposes only and not for trading purposes , and is not intended to provide legal, accounting, tax, investment, financial or other advice and should not be relied upon for such advice. The views, opinions and advice of any third party reflect those of the individual authors and are not endorsed by TMX Group Limited or its affiliates.

TMX Group Limited and it affiliates have not prepared, reviewed or updated the content of third parties on this site or the content of any third party sites, and assume no responsibility for such information.

TSX Trust is dedicated to serving our clients with proven and unwavering expertise, efficiency and professionalism. We closely align ourselves with our clients — and their legal and financial advisors — to ensure deadlines and regulatory requirements are met. It is important that the partners you choose embrace values that will make it easier for you to do business.

At TSX Trust Company, we understand your need access to your data 24 hours a day, days a year. How do I change my address? Please provide the following details to help us identify your account: Name of the company in which you own shares Name of shareholder as listed on the stock certificate or Direct Registration System DRS statement, Dividend Reinvestment Plan DRIP statement or dividend cheque Previous address New address Send these details by: TSX Trust Company University Ave, Suite Toronto, ON M5H 4H1 OR Email: Investor Services Address Change Form How do I sell my shares?

How do I replace a lost certificate? Direct Registration System DRS Transaction request Form How do I replace a dividend cheque? To request the replacement of a dividend cheque that we have issued and that has been lost or is stale dated, Please provide the following details to help us identify your account: Mail TSX Trust Company University Ave, Suite Toronto, ON M5H 4H1 OR Email: Investor Services Transferring Shares How should I mail shares for transfer to TSX Trust?

How do I transfer shares? To change the ownership of a security, the following will be required: Presentation of the original stock certificate s.

If the shares are held in book entry form DRS, DRIP etc. See below on information for different types of registrations.

A Securities Transfer Form with a medallion guarantee endorsement of the current registered shareholder as reflected on the stock certificate. See below for information if the registered shareholder is deceased. What is a "Medallion Guarantee"?

Cheapest way to "cash out" stock certificates? - dakoxok.web.fc2.com Forums

How do I transfer shares in the name of a decedent? Please provide confirmation regarding the following: Do you have the original certificate registered in the name of the deceased? Is the estate probated or non-probated? Contact Us Terms of Use Privacy Policy Accessibility Complaint Procedure Regulatory Disclosures. Why Work with Us We closely align ourselves with our clients — and their legal and financial advisors — to ensure deadlines and regulatory requirements are met.

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