Pembina Pipeline Corp Announces Share Repurchase Program Renewal

Pembina Pipeline Corp, a Canadian energy transportation and midstream service provider, has announced the renewal of its share repurchase program. The Toronto Stock Exchange has approved this move, which allows the company to buy back up to five percent of its issued and outstanding common shares.

Program Details

• The share repurchase program has been renewed for an unspecified duration.
• The program is aimed at purchasing up to five percent of Pembina Pipeline Corp’s issued and outstanding common shares.
• The Toronto Stock Exchange has approved the renewal of this program.

Stock Price Performance

Pembina Pipeline Corp’s stock price has declined this week despite the announcement of its share repurchase program renewal. The company has not provided any specific reasons for the decline in its stock price.

Program Approval

The Toronto Stock Exchange has approved the renewal of Pembina Pipeline Corp’s share repurchase program. This approval allows the company to proceed with its plan to buy back up to five percent of its issued and outstanding common shares.