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AltaGas intends to redeem all outstanding series I preferred shares
By Cady Vishniac
Detroit, Nov. 20 – AltaGas Ltd. intends to redeem all 8 million of its outstanding cumulative redeemable five-year minimum rate reset preferred shares, series I on Dec. 31 for C$25 per share plus interest, according to a company press release.
A final quarterly dividend of C$0.328125 per share will be made on Dec. 15 covering the period from Sept. 30 to Dec. 30.
AltaGas is a natural gas infrastructure company based in Calgary, Canada.
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