Metro Shareholders Approve Stock Reorganization; Q1 Sales Up

MONTREAL — Shareholders of Metro Inc. at the retailer’s annual meeting here Tuesday approved a plan to consolidate its Class A and Class B stock shares. The reorganization, announced late last year, converts Class B shares carrying 16 votes each into subordinate shares, and then into Class A shares, while eliminating Class B. The Class B shares — less than 1% of the total shares of Metro — were held exclusively by independent retailers affiliated by

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