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AltaGas launches an odd lot sale program

AltaGas Ltd. has initiated a simplified sale program for eligible holders of its common shares, according to an April 3 news release.

Holders of 99 or fewer shares, considered an "odd lot holding," will be eligible to sell their stock without incurring costs in a new brokerage account or commission, the company said.

Registered and beneficial common shareholders who own an odd lot holding as of March 31 can participate in the program that will run until June 30 through the facilities of the Toronto Stock Exchange.

Holders of AltaGas subscription receipts are not eligible to participate.