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Kinder Morgan Canada Ltd - Ordinary Shares (Restricted Voting) KMLGF

Kinder Morgan Canada Ltd operates as an integrated network of pipeline systems and terminal facilities in Canada. The business activities are carried out through two segments namely Pipelines and Terminals. The Pipelines business unit is composed of the Trans Mountain pipeline system, the Canadian portion of the Cochin pipeline system, the Puget Sound pipeline system, and the Jet Fuel pipeline system. The Terminals business unit is composed of the Vancouver Wharves terminal in British Columbia a


OTCPK:KMLGF - Post by User

Post by stockenon Jan 07, 2019 11:27pm
458 Views
Post# 29198406

Did anyone receive the return of capital yet?

Did anyone receive the return of capital yet?The return of capital to holders of KML's restricted voting shares is expected to be approximately $1.2 billion or approximately $11.40 per restricted voting share.

Subject to the reduction in stated capital and reverse split being approved by shareholders, the anticipated payment date for the proposed return of capital is expected to be January 3, 2019, with the reverse stock split to follow. 
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