PPL

Pembina Pipeline Corporation Provides Notice of Series 17 Preferred Share Conversion Right and Announces Reset Dividend Rates

Retrieved on: 
Friday, March 1, 2024

Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) announced today that it does not intend to exercise its right to redeem the currently outstanding Cumulative Redeemable Rate Reset Class A Preferred Shares, Series 17 ("Series 17 Shares") (TSX: PPL.PR.Q) on March 31, 2024.

Key Points: 
  • Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) announced today that it does not intend to exercise its right to redeem the currently outstanding Cumulative Redeemable Rate Reset Class A Preferred Shares, Series 17 ("Series 17 Shares") (TSX: PPL.PR.Q) on March 31, 2024.
  • View the full release here: https://www.businesswire.com/news/home/20240301006874/en/
    As a result of the decision not to redeem the Series 17 Shares, and subject to certain terms of the Series 17 Shares, the holders of the Series 17 Shares will have the right to elect to convert all or part of their Series 17 Shares on a one-for-one basis into Cumulative Redeemable Floating Rate Class A Preferred Shares, Series 18 of Pembina ("Series 18 Shares") on March 31, 2024 (the "Conversion Date").
  • Holders who do not exercise their right to convert their Series 17 Shares into Series 18 Shares will retain their Series 17 Shares.
  • As provided in the terms of the Series 17 Shares: (i) if Pembina determines that there would remain outstanding immediately following the conversion less than 1,000,000 Series 17 Shares, then all remaining Series 17 Shares will be automatically converted into Series 18 Shares on a one-for-one basis effective as of the Conversion Date; or (ii) if Pembina determines that there would be less than 1,000,000 Series 18 Shares outstanding immediately following the conversion, no Series 17 Shares will be converted into Series 18 Shares on the Conversion Date.

Pembina Pipeline Corporation Files 2023 Year-End Disclosure Documents

Retrieved on: 
Friday, February 23, 2024

Pembina Pipeline Corporation ("Pembina" or "the Company") (TSX: PPL; NYSE: PBA) has filed its audited consolidated financial statements for the year ended December 31, 2023, related management's discussion, and analysis and its annual information form for the year ended December 31, 2023 with Canadian securities regulatory authorities.

Key Points: 
  • Pembina Pipeline Corporation ("Pembina" or "the Company") (TSX: PPL; NYSE: PBA) has filed its audited consolidated financial statements for the year ended December 31, 2023, related management's discussion, and analysis and its annual information form for the year ended December 31, 2023 with Canadian securities regulatory authorities.
  • Pembina has also filed its Form 40-F for the year ended December 31, 2023 with the U.S. Securities and Exchange Commission.
  • View the full release here: https://www.businesswire.com/news/home/20240223418031/en/
    Copies of the filed documents are available at www.sedarplus.ca , www.sec.gov (for the Form 40-F) and in the Investors section of the Company’s website at www.pembina.com .
  • Shareholders may also request a printed copy of the audited consolidated financial statements and related management's discussion and analysis free of charge by contacting Investor Relations at [email protected] or 1-855-880-7404.

Olympus Celebrates International Women's Day, Recognized as a Top 100 Workplace for Diverse Professionals by Mogul

Retrieved on: 
Friday, March 8, 2024

Additionally, the company was recognized by Mogul as one of their 2024 Top 100 Workplaces for Diverse Professionals.

Key Points: 
  • Additionally, the company was recognized by Mogul as one of their 2024 Top 100 Workplaces for Diverse Professionals.
  • A key goal of the global DEI strategy is to promote the advancement of women in managerial roles throughout the organization.
  • Olympus learned in early March that it was receiving the prestigious 2024 Top 100 Workplaces for Diverse Professionals from Mogul, a global mobile app and online social platform.
  • Olympus is proud to be recognized for its DEI efforts on the Mogul website .

PPL Corporation names Greg Cornett president of Rhode Island Energy

Retrieved on: 
Wednesday, February 21, 2024

ALLENTOWN, Pa., Feb. 21, 2024 /PRNewswire/ -- PPL Corporation (NYSE: PPL) today announced 25-year utility industry veteran Greg Cornett has been named president of Rhode Island Energy (RIE). Effective March 4, Cornett will succeed Dave Bonenberger, who is moving into a new role as PPL Senior Vice President and Chief Operating Officer – Utilities.    

Key Points: 
  • Cornett, a 25-year utility industry veteran, will succeed Dave Bonenberger March 4
    ALLENTOWN, Pa., Feb. 21, 2024 /PRNewswire/ -- PPL Corporation (NYSE: PPL) today announced 25-year utility industry veteran Greg Cornett has been named president of Rhode Island Energy (RIE).
  • "I'm honored to lead Rhode Island Energy and excited to engage with a wide variety of stakeholders to secure a sustainable energy future for our customers," said Cornett.
  • "Rhode Island Energy is uniquely situated to help the state meet its energy and climate goals in a way that preserves energy affordability and enhances reliability for customers.
  • The utility provides essential energy services to more than 770,000 customers across Rhode Island through the delivery of electricity or natural gas.

Pembina Pipeline Corporation Announces Conversion Results for Series 3 Preferred Shares

Retrieved on: 
Thursday, February 15, 2024

Pembina Pipeline Corporation ("Pembina") (TSX: PPL; NYSE: PBA) announced today that none of Pembina's Cumulative Redeemable Rate Reset Class A Preferred Shares, Series 3 ("Series 3 Shares") (TSX: PPL.PR.C) will be converted into Cumulative Redeemable Floating Rate Class A Preferred Shares, Series 4 of Pembina ("Series 4 Shares") on March 1, 2024.

Key Points: 
  • Pembina Pipeline Corporation ("Pembina") (TSX: PPL; NYSE: PBA) announced today that none of Pembina's Cumulative Redeemable Rate Reset Class A Preferred Shares, Series 3 ("Series 3 Shares") (TSX: PPL.PR.C) will be converted into Cumulative Redeemable Floating Rate Class A Preferred Shares, Series 4 of Pembina ("Series 4 Shares") on March 1, 2024.
  • This press release features multimedia.
  • View the full release here: https://www.businesswire.com/news/home/20240215660248/en/
    After taking into account all the conversion notices received from holders of its outstanding Series 3 Shares by the February 15, 2024 deadline for the conversion of the Series 3 Shares into Series 4 Shares, less than the 1,000,000 Series 3 Shares required to give effect to conversions into Series 4 Shares were tendered for conversion.

PPL Corporation Appoints Dean A. Del Vecchio to New Chief Technology and Innovation Officer Role as Company Focuses on Creating the Utilities of the Future

Retrieved on: 
Wednesday, February 14, 2024

ALLENTOWN, Pa., Feb. 14, 2024 /PRNewswire/ -- PPL Corporation (NYSE: PPL) today announced that Dean A. Del Vecchio has been elected Executive Vice President and Chief Technology and Innovation Officer, a new position that reflects PPL's strong focus on creating technology-enabled utilities of the future.

Key Points: 
  • ALLENTOWN, Pa., Feb. 14, 2024 /PRNewswire/ -- PPL Corporation (NYSE: PPL) today announced that Dean A. Del Vecchio has been elected Executive Vice President and Chief Technology and Innovation Officer, a new position that reflects PPL's strong focus on creating technology-enabled utilities of the future.
  • Del Vecchio will report directly to PPL President and Chief Executive Officer Vincent Sorgi.
  • "Today's appointment of Dean comes at a pivotal time for our industry and the world," said Sorgi.
  • In addition to the CIO role, Del Vecchio served as the company's Chief Administrative Officer, creating a vision and plan to improve administrative service, delivery and processes.

Pembina Pipeline Corporation Provides Notice of Series 3 Preferred Share Conversion Right and Announces Reset Dividend Rates

Retrieved on: 
Wednesday, January 31, 2024

Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) announced today that it does not intend to exercise its right to redeem the currently outstanding Cumulative Redeemable Rate Reset Class A Preferred Shares, Series 3 ("Series 3 Shares") (TSX: PPL.PR.C) on March 1, 2024.

Key Points: 
  • Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) announced today that it does not intend to exercise its right to redeem the currently outstanding Cumulative Redeemable Rate Reset Class A Preferred Shares, Series 3 ("Series 3 Shares") (TSX: PPL.PR.C) on March 1, 2024.
  • View the full release here: https://www.businesswire.com/news/home/20240131875822/en/
    As a result of the decision not to redeem the Series 3 Shares, and subject to certain terms of the Series 3 Shares, the holders of the Series 3 Shares will have the right to elect to convert all or part of their Series 3 Shares on a one-for-one basis into Cumulative Redeemable Floating Rate Class A Preferred Shares, Series 4 of Pembina ("Series 4 Shares") on March 1, 2024 (the "Conversion Date").
  • Holders who do not exercise their right to convert their Series 3 Shares into Series 4 Shares will retain their Series 3 Shares.
  • The Floating Quarterly Dividend Rate will be reset on the first day of March, June, September and December in each year.

PPL Corporation to conduct webcast on 2023 earnings results

Retrieved on: 
Wednesday, January 31, 2024

ALLENTOWN, Pa., Jan. 31, 2024 /PRNewswire/ -- PPL Corporation (NYSE: PPL) will release consolidated fourth-quarter and year-end 2023 earnings results on Friday, Feb. 16.

Key Points: 
  • ALLENTOWN, Pa., Jan. 31, 2024 /PRNewswire/ -- PPL Corporation (NYSE: PPL) will release consolidated fourth-quarter and year-end 2023 earnings results on Friday, Feb. 16.
  • The call will be webcast live, in audio format, along with slides of the presentation.
  • Interested individuals can access the webcast link at www.pplweb.com/investors under "Events and Presentations" or access the live conference call via telephone at 1-844-512-2926. International participants should call  1-412-317-6300.
  • For those who are unable to listen to the live webcast, a replay with slides will be accessible at www.pplweb.com/investors for 90 days after the call.

PPL Awarded Self-Direction Home Care Contract by State of Colorado

Retrieved on: 
Wednesday, January 17, 2024

PPL Public Partnerships, the nation’s leading provider of financial management services to Medicaid self-directed care programs, today announced the award of a contract from the State of Colorado’s Department of Health Care Policy and Financing for administration of the state’s Consumer-Directed Attendant Support Services (CDASS) program.

Key Points: 
  • PPL Public Partnerships, the nation’s leading provider of financial management services to Medicaid self-directed care programs, today announced the award of a contract from the State of Colorado’s Department of Health Care Policy and Financing for administration of the state’s Consumer-Directed Attendant Support Services (CDASS) program.
  • By managing financial, HR and other complex administrative processes, PPL works to make self-directed care an easy, practical choice.
  • “Today we remain committed to making Medicaid long-term care programs worry-free and accessible for beneficiaries and their families, healthcare professionals, social workers, providers and support coordinators across the state,” said Coppola.
  • “And we stand ready to grow and innovate as Colorado leaders work to expand access to vital long-term care programs.”
    View source version on businesswire.com: https://www.businesswire.com/news/home/20240117256167/en/

Pembina Pipeline Corporation Announces Closing of $1.8 Billion Public Note Offering

Retrieved on: 
Friday, January 12, 2024

Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) is pleased to announce that it has closed its previously announced offering of $1.8 billion aggregate principal amount of senior unsecured medium-term notes (the "Offering").

Key Points: 
  • Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) is pleased to announce that it has closed its previously announced offering of $1.8 billion aggregate principal amount of senior unsecured medium-term notes (the "Offering").
  • This press release features multimedia.
  • This news release does not constitute an offer to sell or the solicitation of an offer to buy the notes in any jurisdiction.
  • The notes have not been approved or disapproved by any regulatory authority.