Capital Power Announces Conversion Results for Its Preferred Shares (Series 1)
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This section is Partnership Content suppliedThe content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Article contentEDMONTON, Alberta, Dec. 17, 2025 (GLOBE NEWSWIRE) — Capital Power Corporation (“Capital Power”) (TSX: CPX) announced today that following the December 16, 2025 deadline for submitting notices to convert Cumulative Rate Reset Preference Shares, Series 1 (the “Series 1 Shares”) into Cumulative Floating Rate Preference Shares, Series 2 (the “Series 2 Shares”), the number of Series 1 Shares tendered for conversion was less than one million. As a result, holders of Series 1 Shares are not entitled to convert their shares into Series 2 Shares, and no Series 2 Shares will be issued at this time. There were no Series 1 Shares tendered for conversion.Sign In or Create an AccountEmail AddressContinueor View more offersArticle contentArticle contentThere are 5,000,000 Series 1 Shares listed on the Toronto Stock Exchange (“TSX”) under the symbol CPX.PR.A. Effective December 31, 2025, the annual fixed dividend rate for the next five-year period has been reset to 4.95800%.Article contentWe apologize, but this video has failed to load.Try refreshing your browser, ortap here to see other videos from our team.Article contentTop StoriesGet the latest headlines, breaking news and columns.There was an error, please provide a valid email address.Sign UpBy signing up you consent to receive the above newsletter from Postmedia Network Inc.Thanks for signing up!A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againInterested in more newsletters? Browse here.Article contentFor more information on the terms of, rates and risks associated with an investment in the Series 1 Shares, please see Capital Power’s Short Form Prospectus dated December 8, 2010 which is available electronically on the System for Electronic Data Analysis and Retrieval + (“SEDAR+”) at www.sedarplus.ca or on Capital Power’s website at capitalpower.com.Article contentTerritorial AcknowledgementArticle contentIn the spirit of reconciliation, Capital Power respectfully acknowledges that we operate within the ancestral homelands, traditional and treaty territories of the Indigenous Peoples of Turtle Island, or North America. Capital Power’s head office is located within the traditional and contemporary home of many Indigenous Peoples of the Treaty 6 region and Métis Homeland. We acknowledge the diverse Indigenous communities that are located in these areas and whose presence continues to enrich the community.Article contentArticle contentAbout Capital Power Article contentCapital Power (TSX: CPX) is a growth-oriented power producer with approximately 12 GW of power generation at 32 facilities, plus battery energy storage across North America. We prioritize safely delivering reliable and affordable power communities can depend on, building lower-carbon power systems, and creating balanced solutions for our energy future. We are Powering Change by Changing Power™.Article contentFor more information, please contact:Article contentInvestor and Media Relations:Media RelationsKatherine Perron(780) 392-5335kperron@capitalpower.comArticle contentInvestor RelationsNoreen Farrell(403) 461-5236investor@capitalpower.comArticle contentArticle contentArticle contentArticle contentArticle contentArticle contentTrending Canada's population declines for the first time since the pandemic News Expect 'dramatically higher' oil prices in 2026, says Eric Nuttall Oil & Gas 'Why let one person in the States change your life?' For Canadian snowbirds, the stay or go dilemma gets complicated Real Estate Is a $2.75 million portfolio enough for Halifax empty nesters to retire early?
Personal Finance Terence Corcoran: The new Rogers v. Rogers play gets a BS rating FP Comment Share this article in your social networkCommentsYou must be logged in to join the discussion or read more comments.Create an AccountSign in Join the Conversation Postmedia is committed to maintaining a lively but civil forum for discussion. Please keep comments relevant and respectful. Comments may take up to an hour to appear on the site. You will receive an email if there is a reply to your comment, an update to a thread you follow or if a user you follow comments. Visit our Community Guidelines for more information. Canada's population declines for the first time since the pandemic News Expect 'dramatically higher' oil prices in 2026, says Eric Nuttall Oil & Gas 'Why let one person in the States change your life?' For Canadian snowbirds, the stay or go dilemma gets complicated Real Estate Is a $2.75 million portfolio enough for Halifax empty nesters to retire early?
Personal Finance Terence Corcoran: The new Rogers v. Rogers play gets a BS rating FP Comment