Cenovus Energy announces redemption of Series 1 & 2 Preferred Shares
Cenovus Energy Inc (CVE)
Last cenovus energy inc earnings: 4/29 06:00 am
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Source: GlobeNewswire
CALGARY, Alberta, Feb. 26, 2026 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) today announced it will exercise its right to redeem its 2.577% Series 1 Preferred Shares (the “Series 1 Preferred Shares”) and its 3.948% Series 2 Preferred Shares (the “Series 2 Preferred Shares”, collectively, the “Series 1 & 2 Preferred Shares”) on March 31, 2026 (the “Redemption”). All of the Series 1 & 2 Preferred Shares outstanding will be redeemed at the price of $25.00 per share, for an aggregate amount payable to holders of $300 million, less required withholdings, if any, funded primarily from cash on hand. As previously announced, the Company’s Board of Directors has declared quarterly dividends of $0.16106 per Series 1 Preferred Share and $0.24337 per Series 2 Preferred Share, each payable on March 31, 2026, to shareholders of record as of March 13, 2026. These will be the final dividends paid on the Series 1 & 2 Preferred Shares. Inquiries from registered holders of Series
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- Cenovus Energy (NYSE:CVE) (TSE:CVE) was downgraded by analysts at Zacks Research from a "hold" rating to a "strong sell" rating.MarketBeat
- Cenovus Energy (NYSE:CVE) (TSE:CVE) was downgraded by analysts at <a style="font-weight:bold" href="https://www.wallstreetzen.com/newsletters/zen-ratings?ticker=CVE&utm_campaign=getratings&utm_medium=online&utm_source=MarketBeat">Wall StMarketBeat
CVE
Earnings
- 2/19/26 - Beat
CVE
Sec Filings
- 2/27/26 - Form S-8
- 2/26/26 - Form 6-K
- 2/19/26 - Form 40-F
- CVE's page on the SEC website