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Emera Inc (EMA.TO)

EMA.TO on Toronto Stock Exchange

54.02CAD
19 Jul 2019
Change (% chg)

$-0.17 (-0.31%)
Prev Close
$54.19
Open
$54.26
Day's High
$54.52
Day's Low
$53.76
Volume
656,983
Avg. Vol
849,031
52-wk High
$55.09
52-wk Low
$38.09

Latest Key Developments (Source: Significant Developments)

Enmax To Purchase Emera's Operations In Maine For $1.3 Bln USD
Monday, 25 Mar 2019 

March 25 (Reuters) - Emera Inc ::ENMAX TO PURCHASE EMERA’S OPERATIONS IN MAINE FOR $1.3 BILLION USD.EMERA INC - PURCHASE PRICE OF $959 MILLION USD ($1,286 MILLION CAD) FOR SHARES PLUS ACQUIRED DEBT.EMERA INC - INCLUSIVE OF INCREMENTAL TRANSACTION FINANCING, TRANSACTION WILL BE IMMEDIATELY ACCRETIVE TO EARNINGS AND CASH FLOW..EMERA INC - UPON CLOSING OF DEALS CO WILL HAVE RAISED ABOUT $2.1 BILLION CAD OF EQUITY PROCEEDS WHICH WILL BE USED TO REDUCE EMERA CORPORATE LEVEL DEBT.EMERA INC - ENMAX IS FUNDING TRANSACTION 100 PER CENT THROUGH DEBT.  Full Article

Emera Inc Q4 Adjusted Earnings Per Share C$0.71
Tuesday, 19 Feb 2019 

Feb 19 (Reuters) - Emera Inc ::EMERA REPORTS 2018 FOURTH QUARTER AND ANNUAL FINANCIAL RESULTS.Q4 ADJUSTED EARNINGS PER SHARE C$0.71.Q4 EARNINGS PER SHARE C$0.98.Q4 EARNINGS PER SHARE ESTIMATE C$0.67 -- REFINITIV IBES DATA.  Full Article

Emera Reports Q4 Loss Per Share C$1.06
Saturday, 10 Feb 2018 

Feb 9 (Reuters) - Emera Inc ::EMERA REPORTS 2017 EARNINGS AND SIGNIFICANT STRATEGIC PROGRESS.Q4 ADJUSTED EARNINGS PER SHARE C$0.64.Q4 LOSS PER SHARE C$1.06.IN QUARTER, REPORTED NET INCOME INCLUDED A $317 MILLION EXPENSE RELATED TO ESTIMATED REVALUATION OF US NON-REGULATED DEFERRED INCOME TAXES.  Full Article

Emera Announces Bought Deal Offering Of 14.6 Mln Shares
Thursday, 7 Dec 2017 

Dec 6 (Reuters) - Emera Inc ::EMERA ANNOUNCES BOUGHT DEAL OFFERING OF 14.6 MILLION COMMON SHARES .PURCHASE PRICE OF $47.90 PER COMMON SHARE WILL RESULT IN GROSS PROCEEDS TO EMERA OF $700 MILLION FROM OFFERING.  Full Article

Emera Announces Bought Deal Offering Of 14.6 Common Shares
Thursday, 7 Dec 2017 

Dec 6 (Reuters) - Emera Inc ::EMERA ANNOUNCES BOUGHT DEAL OFFERING OF 14.6 COMMON SHARES.EMERA INC - PURCHASE PRICE OF $47.90 PER COMMON SHARE WILL RESULT IN GROSS PROCEEDS TO EMERA OF $700 MILLION FROM OFFERING.  Full Article

Emera reports Q3 2017 earnings
Saturday, 11 Nov 2017 

Nov 10 (Reuters) - Emera Inc :Emera reports Q3 2017 earnings.Q3 adjusted earnings per share C$0.55.Q3 earnings per share C$0.38.Q3 earnings per share view C$0.72 -- Thomson Reuters I/B/E/S.  Full Article

Emera Inc approves increase in common dividend
Friday, 29 Sep 2017 

Sept 29 (Reuters) - Emera Inc :Emera approves increase in common dividend and declares quarterly dividends.Emera Inc - approved an increase in annual common share dividend rate to $2.26 from $2.09 per common share.Emera Inc - first quarterly payment of $0.565 per common share is payable on and after nov. 15, 2017 to common shareholders of record on nov. 1, 2017.  Full Article

Canadian utility Enmax to buy Emera's Maine unit for $959 million

Enmax Corp said on Monday it will buy Emera Inc's electric transmission and distribution unit for $959 million, as the Canadian company expands its North American regulated utility business.