Fortis to Renew Program for Potential Stock Sales of C$500 Million

Dow Jones
10 Dec 2024
 

By Kailyn Rhone

 

Fortis said Monday it will renew its at-the-market equity program for potential stock sales of up to $500 million Canadian dollars ($353 million).

The ATM program will be effective until January 10, 2027, but could be removed prior, the electric and gas utility company said.

The volume and timing of distributions under the program will be determined at the company's discretion. Prices may vary among purchasers during the period of the distribution.

 

Write to Kailyn Rhone at kailyn.rhone@wsj.com

 

(END) Dow Jones Newswires

December 09, 2024 15:20 ET (20:20 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10