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 due to the lack of minimum required conversions. The Calgary-based energy transportation and midstream service provider noted less than 1,000,000 Series 17 Shares were tendered for conversion by the March 18, 2024 deadline. Pembina continues to provide energy solutions and operates an integrated network of pipelines and infrastructure across North America.
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