Emera Incorporated Announces Conversion Privilege of Cumulative Rate Reset First Preferred Shares, Series F
Portfolio Pulse from
Emera Incorporated announced it will not redeem its Cumulative Rate Reset First Preferred Shares, Series F, on February 15, 2025. There are 8 million Series F Shares outstanding.
January 08, 2025 | 6:45 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Emera Incorporated announced it will not redeem its Cumulative Rate Reset First Preferred Shares, Series F, on February 15, 2025. This decision affects 8 million outstanding shares.
The decision not to redeem the Series F Shares means that investors holding these shares will continue to receive dividends as per the terms set in the prospectus. This decision does not directly impact the common stock price but is relevant for preferred shareholders.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 80