News Summary
Emera Inc. has received approval to list its common shares on the New York Stock Exchange under the ticker symbol ‘EMA.’ Trading is expected to commence on or around May 28, 2025. This strategic move aims to enhance Emera’s access to global capital and attract world-class investors, aligning with its growth strategy. To mark this significant milestone, Emera plans to ring the NYSE Opening Bell. The company also hosts its 2025 Annual General Meeting, offering shareholders insights into the listing’s implications and future plans.
Nova Scotia – Emera Inc. has received approval to list its common shares on the New York Stock Exchange (NYSE), with trading set to begin on or around May 28, 2025. The company will be trading under the ticker symbol “EMA” on the NYSE, marking a significant step in its growth strategy and ambitions for the future.
This strategic move is anticipated to enhance Emera’s ability to access a broader pool of global capital and attract a network of world-class investors. The listing is part of Emera’s ongoing commitment to delivering long-term value for its shareholders. To celebrate this milestone, the company plans to ring the NYSE Opening Bell later this year, a ceremonial event that signifies the importance of being listed on one of the largest stock exchanges in the world.
Today, Emera is also hosting its 2025 Annual General Meeting (AGM), which shareholders can attend via live webcast starting at 2:00 p.m. Atlantic time. The meeting will provide shareholders with information on how to vote, submit questions, and participate in discussions about the company’s future and the implications of the NYSE listing. Details regarding the AGM are available on Emera’s official website.
Emera is a leading energy services provider headquartered in Halifax, Nova Scotia, and has a diverse portfolio that includes investments in regulated electric and natural gas utilities. The company serves approximately 2.6 million customers across Canada, the United States, and the Caribbean, employing around 7,600 individuals dedicated to ensuring safe and reliable energy while pursuing cleaner energy solutions.
The company’s recent decision to list on the NYSE caters to a growing demand and positions Emera to capitalize on investment opportunities. Analysts have rated Emera’s stock as a Buy, with a price target set at C$55.00, signaling confidence in the company’s growth prospects and financial stability. In terms of market performance, Emera currently boasts a market capitalization of C$18.18 billion, with an average trading volume of 1,399,458 shares.
This approval for listing on the NYSE is expected to yield numerous opportunities for the company, allowing it to strengthen its position in the energy sector. The organization is optimistic about the anticipated benefits of higher visibility and increased liquidity that this move will bring as it continues to expand its offerings and adapt to the evolving energy landscape.
As Emera prepares for this significant transition, the company remains focused on its objectives and strategies that are designed to promote sustainable growth and shareholder value. With careful planning and execution, the NYSE listing is anticipated as a pivotal moment for Emera Inc., following the broader trends in the energy market and addressing stakeholder interests effectively.
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