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Pembina Share Conversion Falls Short of Target
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Pembina Share Conversion Falls Short of Target

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

Pembina Pipeline Corporation has announced that its Series 17 Preferred Shares will not be converted into Series 18 Shares as not enough shares were tendered for the conversion by the deadline. Pembina, a staple in North America’s energy sector for seven decades, offers a range of services including transportation, midstream, and logistics. The company’s common shares are publicly traded on the Toronto and New York stock exchanges.

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

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