Pembina Pipeline to Redeem Series 19 Preferred Shares

An update from Pembina Pipeline ( (TSE:PPL) ) is now available.

Pembina Pipeline Corporation announced its intention to redeem all 8,000,000 of its issued and outstanding Cumulative Redeemable Floating Rate Reset Class A Preferred Shares, Series 19, on June 30, 2025, at a redemption price of $25.00 per share, totaling $200 million. This move is part of Pembina’s strategic financial management, and the final dividend for these shares will be paid on the same date, marking the end of any accrued dividends, which could impact stakeholders by altering the company’s financial structure and investor returns.

The most recent analyst rating on (TSE:PPL) stock is a Buy with a C$54.00 price target. To see the full list of analyst forecasts on Pembina Pipeline stock, see the TSE:PPL Stock Forecast page.

Spark’s Take on TSE:PPL Stock

According to Spark, TipRanks’ AI Analyst, TSE:PPL is a Outperform.

Pembina Pipeline’s overall stock score reflects its strong financial performance and high dividend yield, bolstered by a positive earnings outlook. Despite some caution from technical indicators, the company’s robust profitability and strategic growth initiatives provide a solid foundation for future growth, justifying a favorable stock score.

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

More about Pembina Pipeline

Pembina Pipeline Corporation is a leading energy transportation and midstream service provider in North America, with over 70 years of experience. The company operates an extensive network of assets, including hydrocarbon liquids and natural gas pipelines, gas gathering and processing facilities, oil and natural gas liquids infrastructure, logistics services, and an export terminals business. Pembina is structured into three divisions: Pipelines, Facilities, and Marketing & New Ventures, and its shares are traded on the Toronto and New York stock exchanges.

Average Trading Volume: 3,746,477

Technical Sentiment Signal: Buy

Current Market Cap: C$30.04B

For a thorough assessment of PPL stock, go to TipRanks’ Stock Analysis page.