Canadian Pacific Railway (TSX: T.CP, Stock Forum) briefly hit $129.72 on Tuesday before closing at $129.50, for an increase of 1.12%.
On March 22, CP Rail said its annual meeting of shareholders will be held at the Royal York Hotel in Toronto, Ontario on Wednesday, May 1, 2013, at 9 a.m. eastern standard time.
The second company to make the 52-week high list was Pembina Pipeline Corp.(TSX: T.PPL, Stock Forum). The stock hit a new peak of $31.65, before closing at $31.58, for an increase of 1.45%.
On March 21, the midstream service provider announced that it has closed a bought deal offering of 11.2 million common shares at a price of $30.80 per share through a syndicate of underwriters, which includes 1.5 million common shares issued at the same price on the exercise in full of the over-allotment option granted to the underwriters.
The aggregate gross proceeds from the offering are approximately $345 million.