Pembina Pipeline Corporation cumulative redeemable rate reset Class A preferred shares (PPL.PR.C)

Pembina Pipeline Corporation cumulative redeemable rate reset Class A preferred shares (PPL.PR.C $24.62)
- $24.62 P/E (TTM): 20.33X Cap: $33.85B
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Pembina Pipeline Corporation cumulative redeemable rate reset Class A preferred shares (PPL.PR.C $24.62)
- $24.62 P/E (TTM): 20.33X Cap: $33.85B
- View PPL.PR.C Profile
- View Questions on PPL.PR.C

Q: hello 5i:
The latest news release states that Pembina will not be redeeming these preferreds in the next 5 year period. I don't quite understand the conversion privilege, though, so could you elaborate, in simple English and advise which course you'd take if you held the shares.
thanks
Paul L

Read Answer Asked by Paul on February 16, 2024