Emera declines to redeem preferred shares, enables conversion option
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Emera Incorporated Announces Conversion Privilege of Cumulative Minimum Rate Reset First Preferred Shares, Series J
April 9, 2026 9:23 AM EDTHALIFAX, Nova Scotia--(BUSINESS WIRE)-- Emera Incorporated (Emera or the Company) (TSX/NYSE: EMA) announced today that it does not intend to exercise its right to redeem all or any part of the currently outstanding Cumulative Minimum Rate Reset First Preferred Shares, Series J of the Company (the Series J Shares) on May 15, 2026. There are currently 8,000,000 Series J Shares outstanding.
Subject to certain conditions set out in the prospectus supplement of the Company dated March 26, 2021, to the short form base shelf prospectus dated March 12, 2021, relating to the issuance of the Series J Shares (collectively, the... More
