Algonquin power & utilities corp. announces settlement rate for corporate units issued in june 2021

Oakville, on , june 13, 2024 /prnewswire/ - algonquin power & utilities corp. (tsx: aqn) (nyse: aqn) ("aqn" or the "company") today announced the settlement rate for the share purchase contracts that are components of its outstanding corporate units (the "corporate units") issued in june 2021. holders of corporate units will receive 3.3439 common shares of aqn ("common shares") for each share purchase contract they hold, which results in an effective issuance price of $14.9526 per common share, with cash to be paid in lieu of any fractional shares.
AQN Ratings Summary
AQN Quant Ranking