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AltaGas Completes Series H to G Share Conversion

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AltaGas Completes Series H to G Share Conversion

AltaGas (TSE:ALA) has released an update.

AltaGas Ltd. has successfully converted over one million of its Series H Shares into Series G Shares, resulting in an outstanding count of 8 million Series G Shares and the delisting of Series H Shares from the Toronto Stock Exchange as of September 30, 2024. Investors holding Series G Shares are now entitled to a fixed cumulative preferential cash dividend, with an annual rate of 6.017% until 2029.

For further insights into TSE:ALA stock, check out TipRanks’ Stock Analysis page.

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