Emera Announces Leadership Changes
Emera (TSX:EMA) today announced executive leadership changes at Emera Inc. and Nova Scotia Power Inc. (NSPI). Karen Hutt will become Executive Vice President, Strategy and Business Development at Emera Inc. and Wayne O'Connor will become President and CEO of NSPI. Both appointments are effective October 21.
Emera Approves Increase in Common Dividend, Extends Dividend Growth Guidance and Declares Quarterly Dividends
On September 27, 2019, the Board of Directors of Emera Inc. (TSX: EMA) approved an increase in the annual common share dividend to $2.45 from $2.35 per common share and extended its dividend growth rate target of four to five per cent to 2022.
Emera Establishes At-the-Market Equity Program
Emera Incorporated ("Emera" or the "Company") (TSX:EMA) 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.
Emera Approves Quarterly Dividends
On July 5, 2019 the Board of Directors of Emera Inc. (TSX: EMA) approved quarterly dividends on its common shares and First Preferred Shares, each of which is payable on and after August 15, 2019 to the applicable shareholders of record at the close of business on August 1, 2019, as follows:
Emera Announces Election of Directors
Emera Inc. (TSX: EMA) announced that at its annual meeting of shareholders held on May15, 2019, on a vote by ballot, each of the 12 nominees proposed as Directors and listed in its Management Information Circular dated March22, 2019 were elected as Directors. The detailed results of the vote for the election of Directors are set out below.
Emera Reports 2019 First Quarter Financial Results
Today Emera (TSX: EMA) announced financial results for the first quarter of 2019.
Nova Scotia Legislature Approves Removal of Legislative Restriction on Non-Canadian Resident Ownership of Emera Shares
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). These amendments were introduced by the Government of Nova Scotia on April 3, 2019.
Emera Approves Quarterly Dividends
On April 5, 2019 the Board of Directors of Emera Inc. (TSX: EMA) approved quarterly dividends on its common shares and First Preferred Shares, each of which is payable on and after May 15, 2019 to the applicable shareholders of record at the close of business on May 1, 2019, as follows:
Emera Welcomes Updates to Nova Scotia Legislation That Facilitates Future Growth and Helps Attract More Capital to the Province
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.
Emera Completes Sale of New England Gas-Fired Generation Facilities
Emera Inc. (TSX:EMA) 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.