Cenovus: Cenovus Energy To Redeem Series 5 Preferred Shares

(RTTNews) - Cenovus Energy Inc. (CVE) announced plans to redeem all 8 million outstanding 4.591% Series 5 Preferred Shares on March 31, 2025, at $25.00 per share, totaling $200 million. The redemption will be primarily funded from cash on hand.