Welcome to our dedicated page for ATCO-PG news (Ticker: ATCO-PG), a resource for investors and traders seeking the latest updates and insights on ATCO-PG stock.
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Atlas Corp. plans to redeem all outstanding Series E and Series G preferred shares on July 1, 2021, totaling approximately $335 million. This decision aims to eliminate high-cost preferred shares, reducing the overall cost of capital. The final dividends for these shares were paid on April 30, 2021. CFO Graham Talbot highlighted that this move is part of a strategy to optimize the company's capital structure and enhance liquidity.
