Canadian Utilities to Redeem Series FF Preferred Shares

Canadian Utilities A ( (TSE:CU) ) has provided an update.

Canadian Utilities Limited has announced its plan to redeem all outstanding Cumulative Redeemable Second Preferred Shares Series FF on December 1, 2025, at a price of $25.00 per share. The redemption, costing $250 million, will be funded from available cash. This move marks the final dividend payment for these shares, aligning with the company’s strategic financial management and potentially impacting shareholder value and market positioning.

The most recent analyst rating on (TSE:CU) stock is a Hold with a C$41.00 price target. To see the full list of analyst forecasts on Canadian Utilities A stock, see the TSE:CU Stock Forecast page.

Spark’s Take on TSE:CU Stock

According to Spark, TipRanks’ AI Analyst, TSE:CU is a Neutral.

Canadian Utilities A’s overall stock score is driven by strong financial performance and positive earnings call insights, despite technical indicators showing bearish trends. The valuation is attractive with a high dividend yield, but high leverage and regulatory challenges pose risks.

To see Spark’s full report on TSE:CU stock, click here.

More about Canadian Utilities A

Canadian Utilities Limited, a subsidiary of ATCO, is a diversified global energy infrastructure corporation with approximately 9,100 employees and assets worth $24 billion. The company provides essential services and innovative business solutions through its electricity and natural gas transmission and distribution, international electricity operations, and sustainable energy solutions. Its operations span across ATCO Energy Systems, ATCO EnPower, and ATCO Australia, focusing on energy generation, storage, industrial water, and cleaner fuels.

Average Trading Volume: 479,184

Technical Sentiment Signal: Buy

Current Market Cap: C$10.61B

Learn more about CU stock on TipRanks’ Stock Analysis page.