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Capital Power Corporation (CPX.TO)

Toronto - Toronto Real Time Price. Currency in CAD
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38.23-0.39 (-1.01%)
At close: 04:00PM EDT
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  • GlobeNewswire

    Capital Power provides redemption notice on Preferred Shares, Series 11

    EDMONTON, Alberta, May 15, 2024 (GLOBE NEWSWIRE) -- Capital Power Corporation (“Capital Power” or the “Company”) (TSX:CPX) announced today that it intends to redeem all of its 6,000,000 issued and outstanding 5.75% Cumulative Minimum Rate Reset Preference Shares, Series 11 (the “Series 11 Shares”) (TSX: CPX.PR.K) on June 30, 2024 (the “Redemption Date”) at a price of $25.00 per share (the “Redemption Price”) for an aggregate total of $150 million, less any tax required to be deducted and withhel