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AltaGas cumulative redeemable five-year minimum rate reset preferred shares closes at 6.9% above VWAP, Chairman David W. Cornhill awarded shares January 09, 2019 17:00 EST

Jan 09, 2019 - News Bites Canadian Markets


AltaGas Ltd. (TSX:ALA.PR.I), Canada's 42nd largest Oil & gas - midstream company by market cap, has increased 20.0c (0.9%) from its last trading session of January 08 to close at CAD21.81. Compared with the S&P/TSX 60 Index which rose 11.5 points (1.3%) in the day, the relative price change was -0.4%. The rise has been propped up by firm volume of 1.2 times the average daily volume of 11,811 preference shares. The price is at a premium of 6.9% to the 1-month vol...