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Capital Power Announces Conversion Privilege and Dividend Rate for Series 1 Shares

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Capital Power Announces Conversion Privilege and Dividend Rate for Series 1 Shares

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Capital Power ( (TSE:CPX) ) has shared an announcement.

Capital Power Corporation announced the conversion privilege and dividend rate for its Cumulative Rate Reset Preference Shares, Series 1, allowing shareholders to convert these into Series 2 shares. The conversion period runs from December 1 to December 16, 2025, with specific conditions for automatic conversion if certain thresholds are not met. The Toronto Stock Exchange has conditionally approved the listing of Series 2 Shares, pending fulfillment of listing requirements.

The most recent analyst rating on (TSE:CPX) stock is a Hold with a C$66.00 price target. To see the full list of analyst forecasts on Capital Power stock, see the TSE:CPX Stock Forecast page.

Spark’s Take on TSE:CPX Stock

According to Spark, TipRanks’ AI Analyst, TSE:CPX is a Neutral.

Capital Power’s overall stock score reflects a mix of strengths and challenges. The positive earnings call and strategic achievements are significant strengths, but financial performance concerns and bearish technical indicators weigh down the score. Valuation metrics suggest the stock might be overvalued, though the dividend yield offers some appeal.

To see Spark’s full report on TSE:CPX stock, click here.

More about Capital Power

Capital Power is a growth-oriented power producer with approximately 12 GW of power generation at 32 facilities, plus battery energy storage across North America.

Average Trading Volume: 741,740

Technical Sentiment Signal: Buy

Current Market Cap: C$9.56B

Learn more about CPX stock on TipRanks’ Stock Analysis page.

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