Benefits of an asset reunification program for unclaimed property

When a company executes a merger, acquisition or sell-off, there are always shareholders who do not exchange or cash in their old shares or cash their dividend cheques. As unclaimed property legislation becomes more broadly enforced in those provinces that have enacted these regulations (see the article “Unclaimed property in Canada: A growing compliance priority”), unclaimed assets can generate costs and create compliance problems for companies.

Since most companies don’t have the resources to track down thousands of lost shareholders, they need a solution to research, locate and contact these individuals, as well as process share exchanges, issue payments and more, to remain compliant.

An ASSET REUNIFICATION® program can reunite as many as 90% of unclaimed assets with their rightful owners. Computershare offers these programs through Georgeson, at no cost to your company, and you do not need to be a Computershare transfer agent client to implement a program.

Here is how it works:

ASSET REUNIFICATION is a registered trademark of Georgeson in Canada.

Computershare is not providing, and does not intend to provide, any legal, tax or investment advice.

Let’s talk

For more information, please contact Computershare or your Relationship Manager.