Algonquin power & utilities corp. announces results of exercise of conversion rights of cumulative rate reset preferred shares, series d

Oakville, on , march 19, 2024 /prnewswire/ - further to the press releases of algonquin power & utilities corp. ("aqn" or the "company") (tsx: aqn) (nyse: aqn) dated february 20, 2024 and march 4, 2024, the company announced today that none of its outstanding 4,000,000 cumulative rate reset preferred shares, series d (the "series d preferred shares") will be converted on april 1, 2024 into cumulative floating rate preferred shares, series e (the "series e preferred shares") of the company. during the conversion notice period which ran from march 4, 2024 to march 18, 2024, less than 1,000,000 series d preferred shares were tendered for conversion into series e preferred shares.
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