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Emera says Series J preferred shares remain unconverted after Series K threshold unmet

PUBT·05/05/2026 20:47:34
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Emera says Series J preferred shares remain unconverted after Series K threshold unmet
  • Emera conversion of Cumulative Minimum Rate Reset First Preferred Shares, Series J into Cumulative Floating Rate First Preferred Shares, Series K will not proceed on May 15, 2026.
  • Conversion condition failed since fewer than 1,000,000 Series J shares were tendered by April 30, 2026 deadline.
  • Series J shares remain outstanding and listed on TSX under symbol EMA.PR.J.
  • Next conversion election date set for May 15, 2031, then every five years while Series J shares remain outstanding.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Emera Inc. published the original content used to generate this news brief on May 05, 2026, and is solely responsible for the information contained therein.