WS News
02 Jun 2025, 19:02
Cenovus Energy to Redeem C$150 Million in Series 7 Preferred Shares
Cenovus Energy (TSX/NYSE: CVE) announced it will redeem all 6 million of its 3.935% Series 7 Preferred Shares at C$25.00 per share on June 30, 2025, totaling C$150 million. The redemption will be primarily funded from cash on hand. A final dividend of C$0.24594 per share will also be paid on the same day to shareholders of record as of June 13.
Cenovus Energy (TSX/NYSE: CVE) announced it will redeem all 6 million of its 3.935% Series 7 Preferred Shares at C$25.00 per share on June 30, 2025, totaling C$150 million. The redemption will be primarily funded from cash on hand. A final dividend of C$0.24594 per share will also be paid on the same day to shareholders of record as of June 13.