Fortis announced that it has established an at-the-market equity program that allows the Corporation to issue up to C$500M of common shares from treasury to the public from time to time, at the Corporation’s discretion. Distributions of the Common Shares through the ATM Program will be made pursuant to the terms of an equity distribution agreement dated September 19, 2023 entered into with CIBC World Markets Inc., RBC Dominion Securities Inc., Scotia Capital Inc. and TD Securities Inc., as Canadian agents, and CIBC World Markets Corp., RBC Capital Markets, LLC, Scotia Capital (USA) Inc. and TD Securities (USA) LLC, as U.S. agents.
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