|Bid||53.81 x 0|
|Ask||53.82 x 0|
|Day's Range||53.76 - 54.21|
|52 Week Range||38.09 - 55.09|
|Beta (3Y Monthly)||0.45|
|PE Ratio (TTM)||16.81|
|Forward Dividend & Yield||2.35 (4.35%)|
|1y Target Est||N/A|
This news release constitutes a “designated news release” for the purposes of Emera’s prospectus supplement dated July 11, 2019 to its short form base shelf prospectus dated June 14, 2019. At a special meeting held today, Emera Inc. (EMA.TO) shareholders voted to amend the company’s articles of association and remove the restrictions preventing non-Canadian residents from holding or voting more than 25 per cent of the company’s voting shares. Emera believes the removal of this restriction is positive news for shareholders.
Emera Incorporated (“Emera” or the “Company”) (EMA.TO) announced today that it has established an at-the-market equity program (the “ATM Program”) that allows the Company to issue up to C$600,000,000 (or its U.S. dollar equivalent) of common shares (the “Common Shares”) from treasury to the public from time to time, at the Company's discretion. Any Common Shares sold in the ATM Program will be sold through the Toronto Stock Exchange (the “TSX”) or any other marketplace on which the Common Shares are listed, quoted or otherwise traded (collectively, the “Marketplaces”) at the prevailing market price at the time of sale.
Today Emera announced that it will release its Q2 2019 results on Monday, August 12, 2019, before markets open. The Company will host a teleconference and webcast the same day at 9:30 a.m.
On July 5, 2019 the Board of Directors of Emera Inc. approved quarterly dividends on its common shares and First Preferred Shares, each of which is payable on and after
Emera Inc. announced that at its annual meeting of shareholders held on May 15, 2019, on a vote by ballot, each of the 12 nominees proposed as Directors and listed in its Management Information Circular dated March 22, 2019 were elected as Directors.
Today Emera announced that it will release its Q1 2019 results on Friday, May 10, 2019, before markets open. The Company will host a teleconference and webcast the same day at 9:30 a.m.
Late on Thursday, April 11, 2019, the Nova Scotia Legislature passed Bill 135, amending the NS Power Privatization Act (1992) and the NS Power Reorganization Act (1998). This would enable Emera to amend its articles of association to remove this restriction by approval of a special resolution of its shareholders. By its nature, forward‐looking information requires Emera to make assumptions and is subject to inherent risks and uncertainties.
Today, the Government of Nova Scotia introduced amendments to the NS Power Privatization Act (1992) and the NS Power Reorganization Act (1998) regarding share ownership of Emera Inc. These amendments remove the current restriction preventing non-Canadian residents from holding more than 25 per cent of Emera voting shares. The legislation retains the existing restriction of any one shareholder holding more than 15 per cent of voting shares and reinforces Emera’s existing commitment to maintain its head office in Nova Scotia.
Emera Inc. (EMA.TO) today announced that the transaction to sell its three natural gas-fired electricity generating facilities in New England to Revere Power, LLC, an affiliate of The Carlyle Group, for $590 million USD ($792 million CAD) has successfully closed. “The closing of this transaction completes an important element of the asset sale component of Emera’s three-year funding plan, which we introduced last November,” said Scott Balfour, President and CEO of Emera. The sale of Bridgeport Energy, Tiverton Power and Rumford Power was announced in November 2018.
Nova Scotia Power Inc. (“NSPI”) today announced that it has agreed to issue $400 million Series AB medium term notes which will bear interest at the rate of 3.571% per annum payable semi-annually (the “Notes”) until April 5, 2049 (the "Offering"). The Notes will be issued pursuant to NSPI’s short form prospectus dated March 28, 2019. The net proceeds from the Offering will be added to the general funds of NSPI and applied primarily to refinance existing indebtedness including bank indebtedness, to finance capital expenditures and for other general corporate purposes.
Emera Inc. (EMA.TO) and ENMAX Corporation (ENMAX) today announced that they have entered into a definitive agreement in which Emera has agreed to sell to ENMAX its interest in Emera Maine, its regulated electric transmission and distribution company in Maine, for a purchase price of $959 million USD ($1,286 million CAD). Including the assumed debt, aggregate enterprise value is forecasted to be approximately $1.3 billion USD ($1.8 billion CAD) on closing.
NEW YORK, NY / ACCESSWIRE / February 19, 2019 / Emera Inc (TSX: EMA ) will be discussing their earnings results in their 2018 Fourth Quarter Earnings to be held on February 19, 2019 at 8:30 AM Eastern ...
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Today Emera announced it will release its Q4 2018 results on Tuesday, February 19, 2019, before markets open. The Company will host a teleconference and webcast the same day at 9:30 a.m.
NEW YORK, NY / ACCESSWIRE / December 17, 2018 / The Market Edge strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register with us ...
HALIFAX, Nova Scotia-- -- Proceeds from the sale will be used to reduce Emera corporate level debt and support Emera’s capital investment opportunities within its regulated utility businesses Increases Carlyle’s New England power generation portfolio by 1,100 megawatts Transaction is expected to close in first quarter 2019 Emera Inc. has agreed to sell its three natural gas-fired generation facilities ...
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Today Emera announced that its Q3 2018 earnings will be released on Thursday, November 8, 2018, after market close. The Company will be hosting a teleconference and webcast at 10:00 a.m.