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AltaGas Ltd. (ALA $42.21)
- $42.21 P/E (TTM): 17.12X Cap: $12.64B
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AltaGas Ltd. cumulative redeemable five-year rate reset preferred shares series E (ALA.PR.E $24.98)
- $24.98 P/E (TTM): 13.49X
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Q: ALA announced Nov21 the redemption of ALA.PE . Yet these preferred had a big jump 2 weeks earlier. ALA.PG, to be reset in 2024, also jumped. Was it the Earning report or the Note offering that would trigger such a move. Or a crystal ball ? The stock itself was flat. Thanks,
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