By Robb M. Stewart
Pembina Pipeline has the go ahead from the Toronto Stock Exchange to buy back up to 5% of its issued and outstanding shares.
The Canadian oil and gas pipeline operator said Wednesday the exchange approved the renewal of a normal course issuer bid for up to 29 million of its shares, which would be carrier out through the TSX, New York Stock Exchange or alternative Canadian trading system over a 12-month period ended May 15, 2026.
Pembina's shares have fallen 2.4% so far this year, last closing at C$51.83.
The company bought no shares under its the current normal course issuer bid that expires Thursday.
Write to Robb M. Stewart at robb.stewart@wsj.com
(END) Dow Jones Newswires
May 14, 2025 07:29 ET (11:29 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。