Pembina Pipeline (TSE:PPL) has released an update.
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Pembina Pipeline Corporation announced that none of its Series 7 Preferred Shares will be converted into Series 8 Shares due to insufficient conversion requests. This decision impacts investors holding these shares, as the threshold for conversion was not met. Pembina remains a key player in North America’s energy sector, operating a vast network of pipelines and facilities.
For further insights into TSE:PPL stock, check out TipRanks’ Stock Analysis page.