The Toronto Stock Exchange reports that Partners Value Split Corp.'s Class AA preferred shares, Series 8, will be delisted at the close on Sept. 27, 2024. According to the TSX, the issuer will redeem the Series 8 shares on Sept. 30, 2024, for $25.10 per share.
The redemption price will consist of $25 per Series 8 share and a further sum of 10 cents per share, representing accrued and unpaid dividends thereon up to, but excluding, the redemption date. The TSX notes that the preferred shares trade in the book-entry-only system of CDS and no individual certificates are issued. Thus, Series 8 shareholders need not take any action with respect to the redemption.
For more information, see the issuer's news release dated Sept. 16, 2024.
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