The Toronto Stock Exchange reports that Cenovus Energy Inc.'s cumulative redeemable first preferred shares, Series 3, will be delisted at the close on Dec. 31, 2024. According to the TSX, the company will redeem the shares on Dec. 31, 2024, for $25 per share.
Separately from the redemption price, the final quarterly dividend of 29.306 cents per Series 3 share will be paid in the usual manner on Dec. 31, 2024, to the holders of record on Dec. 13, 2024.
The TSX notes that the Series 3 shares are held through the book entry system of CDS and no individual certificates are issued. Therefore, holders of Series 3 shares need not take any action with respect to the redemption.
For more information, see the company's news release dated Nov. 25, 2024.
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