PBA Buyback

Pembina Pipeline Corporation Buyback

OLI recorded this information on 3/8/2022

Company:

Pembina Pipeline Corporation

Buyback:

PBA buyback

Share Amount Authorized:

27,518,100

Buyback Details:

Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX:PPL) (NYSE:PBA) announced today that the Toronto Stock Exchange (the "TSX") has approved the renewal of Pembina's normal course issuer bid (the "NCIB") to purchase up to five percent of its outstanding common shares. Under the NCIB, purchases of common shares may be made through the facilities of the TSX, the New York Stock Exchange and/or alternative Canadian trading systems, commencing on March 10, 2022, and expiring on the earlier of March 9, 2023, and the date on which Pembina has acquired the maximum number of common shares allowable under the NCIB or the date on which Pembina otherwise decides not to make any further repurchases under the NCIB. As of February 28, 2022, Pembina had 550,362,005 common shares outstanding and is, therefore, permitted to repurchase up to 27,518,100 common shares, being five percent of its outstanding common shares, pursuant to the NCIB. Common shares purchased under the NCIB will be cancelled.

Pembina Pipeline is a Calgary-based transportation and midstream service provider serving North America's energy industry. Co. has three operating segments: Pipelines, which provides customers with pipeline transportation, terminalling, storage and rail services in main market hubs in Canada and the U.S. for crude oil, condensate, natural gas liquids (NGL) and natural gas; Facilities, which includes infrastructure that provides Co.'s customers with natural gas, condensate and NGL services; and Marketing and New Ventures, which provides hydrocarbon liquids and natural gas originating in the basins where Co. operates.

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PBA — Key Stats (updated 19 hours, 9 minutes ago)

Company Name:	Pembina Pipeline Corp
Stock buyback:	PBA buyback
Website:	www.pembina.com
Sector:	Oil & Gas Equipment & Services
Number of ETFs Holding PBA:	2
Total Market Value Held by ETFs:	$6.27M
Total Market Capitalization:	$13.14B
% of Market Cap. Held by ETFs:	0.05%

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Pembina Pipeline Corporation Buyback

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