The Reject Shop (ASX:TRS) said its proposed acquisition by Toronto-listed Dollarama's unit Dollarama International, by way of a scheme of arrangement, was implemented on Tuesday, according to a same-day Australian bourse filing.
The company's shareholders have today been paid the scheme consideration of AU$5.91 cash per share, the filing added.
The company added that its shareholders were paid the fully franked special dividend of AU$0.77 per share on July 14.
The company said it intends to apply for its removal from the official list of the Australian Securities Exchange with effect from the close of trading on July 23.