07:31 AM EST, 02/12/2025 (MT Newswires) -- Economic Investment Trust ( ECVTF ) late Tuesday said it will ask shareholders to approve a ten-for-one stock split of its common shares.

The company said the stock split will voted on at its annual shareholders' meeting on April 30.

The board believes that the share split "will increase investor interest in the company by bringing the trading price into a more accessible range for retail investors, encouraging a wider distribution of the common shares and enhancing liquidity."

Shares of the company closed up $2.97 or 1.6%, to $187.8 on Tuesday on the TSX.