FTS

Fortis Inc. Releases 2024 Climate Report

Retrieved on: 
Monday, March 11, 2024

ST. JOHN'S, Newfoundland and Labrador, March 11, 2024 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) today released its 2024 Climate Report .

Key Points: 
  • ST. JOHN'S, Newfoundland and Labrador, March 11, 2024 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) today released its 2024 Climate Report .
  • This report builds on our 2022 TCFD and Climate Assessment and further details our understanding of climate-related impacts across the Fortis group of companies.
  • Fortis' current business strategy addresses the risks and opportunities identified in this report and informs future work to advance the preparedness of our utilities for climate impacts.
  • Fortis remains focused on achieving emissions reduction targets, investing in cleaner energy solutions, enhancing resiliency of energy delivery assets, and supporting policy advancements.

Fortis Inc. Files 2023 Year-End Disclosure Documents

Retrieved on: 
Friday, February 9, 2024

ST. JOHN'S, Newfoundland and Labrador, Feb. 09, 2024 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS), today filed its audited Consolidated Financial Statements, related Management Discussion and Analysis and Form 40-F for the year ended December 31, 2023, as well as its 2023 Annual Information Form, with Canadian securities regulatory authorities. The Corporation also filed its Form 40-F for the year ended December 31, 2023 with the U.S. Securities and Exchange Commission. Copies of these documents are available electronically at www.sedarplus.ca (Canadian filings), www.sec.gov (U.S. filings) and the Corporation's website, www.fortisinc.com, or by emailing [email protected].

Key Points: 
  • This news release constitutes a "Designated News Release" incorporated by reference in the prospectus supplement dated September 19, 2023 to Fortis' short form base shelf prospectus dated November 21, 2022.
  • ST. JOHN'S, Newfoundland and Labrador, Feb. 09, 2024 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS), today filed its audited Consolidated Financial Statements, related Management Discussion and Analysis and Form 40-F for the year ended December 31, 2023, as well as its 2023 Annual Information Form, with Canadian securities regulatory authorities.
  • The Corporation also filed its Form 40-F for the year ended December 31, 2023 with the U.S. Securities and Exchange Commission.
  • Copies of these documents are available electronically at www.sedarplus.ca (Canadian filings), www.sec.gov (U.S. filings) and the Corporation's website, www.fortisinc.com , or by emailing [email protected] .

Fortis Inc. Reports Fourth Quarter & Annual 2023 Results

Retrieved on: 
Friday, February 9, 2024

ST. JOHN'S, Newfoundland and Labrador, Feb. 09, 2024 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS), a well-diversified leader in the North American regulated electric and gas utility industry, released its 2023 fourth quarter and annual financial results1.

Key Points: 
  • ST. JOHN'S, Newfoundland and Labrador, Feb. 09, 2024 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS), a well-diversified leader in the North American regulated electric and gas utility industry, released its 2023 fourth quarter and annual financial results1.
  • On November 1, 2023, the sale of Aitken Creek closed for approximately $470 million including working capital and closing adjustments.
  • Adjusted net earnings attributable to common equity shareholders2 ("Adjusted Net Earnings") reflects results for Aitken Creek through the March 31, 2023 effective date.
  • For the fourth quarter of 2023, Adjusted Net Earnings were $350 million, or $0.72 per common share, comparable with the same period in 2022.

Fortis Inc. Announces Second Quarter Dividends – 2024

Retrieved on: 
Thursday, February 8, 2024

ST. JOHN'S, Newfoundland and Labrador, Feb. 08, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) has declared the following dividends payable on June 1, 2024 to the Shareholders of Record of the following Shares of the Corporation at the close of business on May 17, 2024:

Key Points: 
  • This news release constitutes a "Designated News Release" incorporated by reference in the prospectus supplement dated September 19, 2023 to Fortis' short form base shelf prospectus dated November 21, 2022.
  • ST. JOHN'S, Newfoundland and Labrador, Feb. 08, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) has declared the following dividends payable on June 1, 2024 to the Shareholders of Record of the following Shares of the Corporation at the close of business on May 17, 2024:
    $0.3063 per share on the First Preference Shares, Series "F";
    $0.3826875 per share on the First Preference Shares, Series "G";
    $0.11469 per share on the First Preference Shares, Series "H";
    $0.408392 per share on the First Preference Shares, Series "I";
    $0.2969 per share on the First Preference Shares, Series "J";
    $0.3418125 per share on the First Preference Shares, Series "K", provided that if no such Series “K” shares are outstanding on such date as a result of the exercise of Shareholders of their right to convert Series “K” shares into Cumulative Redeemable Floating Rate First Preference Shares, Series “L” of the Corporation effective March 1, 2024 (the “Conversion Right”), no such dividend shall be payable;
    $0.4462000 per share on the First Preference Shares, Series “L”, provided that if no such Series “L” shares are issued on March 1, 2024 pursuant to the Conversion Right, no such dividend shall be payable;
    $0.2445625 per share on the First Preference Shares, Series "M"; and,
    $0.59 per share on the Common Shares.
  • The Corporation has designated the common share dividend and preference share dividends as eligible dividends for federal and provincial dividend tax credit purposes.
  • All amounts are given in Canadian dollars unless otherwise indicated.

Advisory: Fortis Inc. to Hold Teleconference and Webcast on February 9 to Discuss 2023 Annual Results

Retrieved on: 
Thursday, February 1, 2024

ST. JOHN'S, Newfoundland and Labrador, Feb. 01, 2024 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its 2023 financial results on Friday, February 9, 2024.

Key Points: 
  • ST. JOHN'S, Newfoundland and Labrador, Feb. 01, 2024 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its 2023 financial results on Friday, February 9, 2024.
  • A teleconference and webcast will be held the same day at 8:30 a.m. (Eastern) during which David Hutchens, President and Chief Executive Officer and Jocelyn Perry, Executive Vice President and Chief Financial Officer will discuss the Corporation's 2023 annual financial results.
  • Shareholders, analysts, members of the media and other interested parties are invited to listen to the teleconference via the live webcast on the Corporation's website, https://www.fortisinc.com/investor-relations/events-and-presentations .
  • An archived audio webcast of the teleconference will be available on the Corporation's website and will be available two hours after the conclusion of the call until March 9, 2024.

New UniSource Electric Rates Support Investments in Safe, Reliable Service

Retrieved on: 
Thursday, January 18, 2024

New electric rates for UniSource Energy Services customers will take effect Feb. 1 to help cover rising costs and support ongoing investments in safe, reliable service.

Key Points: 
  • New electric rates for UniSource Energy Services customers will take effect Feb. 1 to help cover rising costs and support ongoing investments in safe, reliable service.
  • The new rates reflect more than $330 million the company has invested since then to maintain reliable service.
  • “After more than seven and a half years without a base rate increase, we need new rates to support our ongoing investments in safe, reliable service,” said Susan Gray, UniSource’s President and CEO.
  • This new System Reliability Benefit mechanism will support investments that help preserve affordable, reliable service for customers.

Boxto and Nicklaus Companies Form New Multi-Year Licensing Relationship

Retrieved on: 
Monday, January 22, 2024

THE WOODLANDS, Texas, Jan. 22, 2024 /PRNewswire/ -- Boxto – manufacturer of premium handcrafted leather golf shoes and belts – has become the newest official licensee of Nicklaus Companies and will unveil new Nicklaus-branded shoes at the 2024 PGA Merchandise Show.

Key Points: 
  • The premium, hand crafted, artisanal nature of their footwear is unique and aligns with our brand values," said Phil Cotton, CEO of Nicklaus Companies.
  • "It's a momentous honor for Boxto to be named a licensee for the Nicklaus brand," said Raul Flores, CEO and founder of Boxto.
  • We are excited to be entrusted with playing a role in working with Nicklaus Companies to carry this legacy forward."
  • Nicklaus Companies and its founder, Jack Nicklaus—considered the greatest golfer in history—both have a proud legacy of commitment to charity.

Fortis Inc. to Hold Teleconference and Webcast on February 9 to Discuss 2023 Annual Results

Retrieved on: 
Thursday, January 11, 2024

ST. JOHN'S, Newfoundland and Labrador, Jan. 11, 2024 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its 2023 financial results on Friday, February 9, 2024.

Key Points: 
  • ST. JOHN'S, Newfoundland and Labrador, Jan. 11, 2024 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its 2023 financial results on Friday, February 9, 2024.
  • A teleconference and webcast will be held the same day at 8:30 a.m. (Eastern) during which David Hutchens, President and Chief Executive Officer and Jocelyn Perry, Executive Vice President and Chief Financial Officer will discuss the Corporation's 2023 annual financial results.
  • Shareholders, analysts, members of the media and other interested parties are invited to listen to the teleconference via the live webcast on the Corporation's website, https://www.fortisinc.com/investor-relations/events-and-presentations .
  • An archived audio webcast of the teleconference will be available on the Corporation's website and will be available two hours after the conclusion of the call until March 9, 2024.

Fortis Inc. Announces First Quarter Dividends – 2024

Retrieved on: 
Wednesday, December 6, 2023

ST. JOHN'S, Newfoundland and Labrador, Dec. 06, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) has declared the following dividends payable on March 1, 2024 to the Shareholders of Record of the following Shares of the Corporation at the close of business on February 16, 2024:

Key Points: 
  • This news release constitutes a "designated news release" for the purposes of the Corporation's prospectus supplement dated September 19, 2023 to its short form base shelf prospectus dated November 21, 2022.
  • ST. JOHN'S, Newfoundland and Labrador, Dec. 06, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) has declared the following dividends payable on March 1, 2024 to the Shareholders of Record of the following Shares of the Corporation at the close of business on February 16, 2024:
    $0.3063 per share on the First Preference Shares, Series "F";
    $0.3826875 per share on the First Preference Shares, Series "G";
    $0.11469 per share on the First Preference Shares, Series "H";
    $0.412055 per share on the First Preference Shares, Series "I";
    $0.2969 per share on the First Preference Shares, Series "J";
    $0.2455625 per share on the First Preference Shares, Series "K";
    $0.2445625 per share on the First Preference Shares, Series "M"; and,
    $0.59 per share on the Common Shares.
  • The Corporation has designated the common share dividend and preference share dividends as eligible dividends for federal and provincial dividend tax credit purposes.
  • All amounts are given in Canadian dollars unless otherwise indicated.

FOX Weather Expands Distribution to DISH Network and Sling Freestream

Retrieved on: 
Wednesday, November 29, 2023

FOX Weather, FOX News Media’s free ad-supported streaming television (“FAST”) weather service has expanded its distribution to include DISH Network and Sling Freestream subscribers effective today announced its president Sharri Berg.

Key Points: 
  • FOX Weather, FOX News Media’s free ad-supported streaming television (“FAST”) weather service has expanded its distribution to include DISH Network and Sling Freestream subscribers effective today announced its president Sharri Berg.
  • In making the announcement Berg said, “As we continue to grow our premium live weather news service, we are thrilled to expand FOX Weather’s reach to include DISH Network and Sling Freestream consumers.”
    Launching nationwide to DISH Network on November 29th, FOX Weather will be available on channel 222 on the America’s Top 120, 200 and 250 Packages.
  • Additionally, Sling Freestream will add FOX Weather on the same date.
  • Accessible through the SLING TV app and website, FOX Weather will join Sling Freestream’s lineup which includes over 400 free channels and a library of over 41,000 on-demand titles.