Pembina Pipeline (PBA) announced that the Toronto Stock Exchange has approved the renewal of Pembina’s normal course issuer bid to purchase up to five percent of its issued and outstanding common shares. Under the NCIB, purchases of common shares may be made through the facilities of the TSX, the New York Stock Exchange and/or alternative Canadian trading systems, commencing on May 16 and expiring on the earlier of May 15 and the date on which Pembina has acquired the maximum number of common shares allowable under the NCIB or the date on which Pembina otherwise decides not to make any further repurchases under the NCIB.
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