Regulated Electric and Gas Utility
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Fortis Inc. to Hold Teleconference on November 4 to Discuss Third Quarter 2025 Results and New Five-Year Capital Outlook
Globenewswire· 2025-09-30 10:00
Core Viewpoint - Fortis Inc. will release its third quarter 2025 financial results and a new five-year capital outlook for 2026-2030 on November 4, 2025, with a teleconference scheduled for the same day [1] Group 1: Financial Results and Outlook - The teleconference will feature discussions led by David Hutchens, President and CEO, and Jocelyn Perry, Executive Vice President and CFO, regarding the third quarter financial results and the five-year capital outlook [1] - Fortis reported a revenue of $12 billion for 2024 and total assets of $73 billion as of June 30, 2025 [5] Group 2: Participation Details - Shareholders, analysts, and media can listen to the teleconference via a live webcast on the company's website [2] - North American participants can join the call toll-free at 1.833.821.0229, while international participants can call 1.647.846.2371, with a recommendation to dial in 10 minutes prior to the start [3] - A live and archived audio webcast will be available on the company's website, with a replay accessible two hours after the call until December 4, 2025 [4]
Fortis Inc. Announces Pricing of Fixed-to-Fixed Rate Subordinated Notes
Globenewswire· 2025-09-02 23:06
Core Points - Fortis Inc. has announced a private placement offering of $750 million in 5.100% fixed-to-fixed rate subordinated notes due December 4, 2055 [1] - The offering is being conducted through a syndicate of agents and is expected to close on September 4, 2025 [1][2] - The net proceeds from the offering will be used to reduce borrowings under the corporation's revolving corporate credit facility and for general corporate purposes [2] - Fortis reported 2024 revenue of $12 billion and total assets of $73 billion as of June 30, 2025 [4] - The corporation serves utility customers across five Canadian provinces, ten U.S. states, and the Caribbean with a workforce of 9,700 employees [4]
Fortis Inc. to Hold Teleconference and Webcast on August 1 to Discuss Second Quarter 2025 Results
Globenewswire· 2025-07-07 20:35
Core Viewpoint - Fortis Inc. is set to release its second quarter 2025 financial results on August 1, 2025, with a teleconference and webcast scheduled for the same day at 8:30 a.m. Eastern Time [1] Group 1: Financial Results Announcement - The teleconference will feature discussions led by David Hutchens, President and CEO, and Jocelyn Perry, Executive Vice President and CFO, regarding the Corporation's financial performance for the second quarter [1] - Shareholders, analysts, and media members are invited to participate in the teleconference via a live webcast on the Corporation's website [2] Group 2: Participation Details - Financial community members in Canada and the U.S. can join the call toll-free at 1.833.821.0229, while international participants can call 1.647.846.2371, with a recommendation to dial in 10 minutes early [3] - Pre-registration for the call is available, allowing participants to receive a calendar invite with dial-in details and a unique access code [3] Group 3: Webcast Availability - A live and archived audio webcast of the teleconference will be accessible on the Corporation's website, with a replay available two hours post-call until September 1, 2025 [4] Group 4: Company Overview - Fortis is a leading player in the North American regulated electric and gas utility sector, reporting $12 billion in revenue for 2024 and total assets of $75 billion as of March 31, 2025 [5] - The Corporation employs 9,800 individuals and serves utility customers across five Canadian provinces, ten U.S. states, and three Caribbean countries [5] - Fortis shares are publicly traded on both the TSX and NYSE under the symbol FTS [5]
Fortis Inc. Shareholders Approve Election of Directors, Appointment of Auditors, and Say on Pay
Globenewswire· 2025-05-08 19:06
Core Points - Fortis Inc. announced the voting results from its Annual Meeting of Shareholders, with shareholders approving all items of business, including the election of directors, appointment of auditors, and a non-binding advisory vote on executive compensation [1] Election of Directors - Fortis shareholders elected 12 individuals to the Board, with the following voting results: - Tracey C. Ball: 286,660,945 votes (98.65% for) - Pierre J. Blouin: 286,077,913 votes (98.45% for) - Lawrence T. Borgard: 288,721,236 votes (99.36% for) - Maura J. Clark: 286,893,509 votes (98.73% for) - Margarita K. Dilley: 288,494,681 votes (99.28% for) - Julie A. Dobson: 277,864,211 votes (95.62% for) - Lisa L. Durocher: 287,866,735 votes (99.06% for) - David G. Hutchens: 288,789,300 votes (99.38% for) - Gregory E. Knight: 289,097,301 votes (99.49% for) - Gianna M. Manes: 285,627,445 votes (98.29% for) - Don R. Marchand: 287,961,640 votes (99.10% for) - Jo Mark Zurel: 282,000,698 votes (97.04% for) [2] Appointment of Auditors - Shareholders approved the appointment of Deloitte LLP as the Corporation's auditors, with 295,397,407 votes (99.46% for) [3][4] Say on Pay - Shareholders approved the non-binding advisory vote regarding the Corporation's approach to executive compensation, with 273,716,820 votes (94.19% for) and 16,872,191 votes (5.81% against) [5][6] Company Overview - Fortis is a leader in the North American regulated electric and gas utility industry, reporting 2024 revenue of $12 billion and total assets of $75 billion as of March 31, 2025. The company serves utility customers in five Canadian provinces, ten U.S. states, and three Caribbean countries [7]