Pembina Pipeline to Redeem Series 22 Preferred Shares

Pembina Pipeline (TSE:PPL) has released an update.

Pembina Pipeline Corporation is set to redeem all its 1,028,130 Series 22 Preferred Shares on January 8, 2025, at a redemption price of $25.50 per share, amounting to approximately $26 million. This move reflects Pembina’s strategic financial management, potentially impacting investor perceptions and stock performance. Interested shareholders should contact their brokers for more details on the redemption process.

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