FTS (Fortis) Net Issuance of Preferred Stock : $0 Mil (TTM As of Sep. 2024)

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What is Fortis Net Issuance of Preferred Stock?

A company may raise cash from issuing new preferred shares. It can also use cash to buy back preferred shares.

Fortis's net issuance of preferred for the three months ended in Sep. 2024 was $0 Mil. The number is 0, which means that Fortis has paid equal amouunt of cash to buy back preferred shares to the amount it received for issuing preferred shares quarterly.

Fortis's net issuance of preferred for the trailing twelve months (TTM) ended in Sep. 2024 was $0 Mil.

Fortis Net Issuance of Preferred Stock Historical Data

The historical data trend for Fortis's Net Issuance of Preferred Stock can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Fortis Net Issuance of Preferred Stock Chart

Fortis Annual Data

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Net Issuance of Preferred Stock

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Fortis Quarterly Data
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Fortis Net Issuance of Preferred Stock Calculation

A company may raise cash from issuing new preferred shares. It can also use cash to buy back preferred shares. If this number is positive, it means that the company has received more cash from issuing preferred shares than it has paid to buy back preferred shares. If this number is negative, it means that company has paid more cash to buy back preferred shares than it has received for issuing preferred shares.

Net Issuance of Preferred Stock for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0 Mil.

Fortis Net Issuance of Preferred Stock Related Terms

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Fortis Business Description

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Address

5 Springdale Street, Suite 1100, Fortis Place, Saint John’s, NL, CAN, A1E 0E4

Website

https://www.fortisinc.com

Fortis owns and operates eight utility transmission and distribution subsidiaries in Canada and the United States, serving more than 3.4 million electricity and gas customers. The company has smaller stakes in electricity generation and several Caribbean utilities. Subsidiary ITC operates electric transmission in seven US states, with more than 16,000 miles of high-voltage transmission lines in operation.