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Hydro One Ltd (H.TO)

H.TO on Toronto Stock Exchange

22.73CAD
8 Dec 2017
Change (% chg)

$0.06 (+0.26%)
Prev Close
$22.67
Open
$22.62
Day's High
$22.79
Day's Low
$22.62
Volume
361,924
Avg. Vol
541,299
52-wk High
$24.66
52-wk Low
$21.32

Latest Key Developments (Source: Significant Developments)

Hydro one reports Q3 earnings per share C$0.37
Friday, 10 Nov 2017 06:59am EST 

Nov 10 (Reuters) - Hydro One Ltd :Hydro One reports third quarter results.Q3 earnings per share C$0.37.Hydro One Ltd qtrly adjusted earnings per share $0.40‍​.  Full Article

Avista sees FY 2017 earnings $1.75/shr to $1.90/shr
Wednesday, 1 Nov 2017 07:05am EDT 

Nov 1 (Reuters) - Avista Corp :Avista Corp. Reports financial results for third quarter and year-to-date 2017 and revises 2017 earnings guidance.Q3 earnings per share $0.07.Q3 earnings per share view $0.15 -- Thomson Reuters I/B/E/S.Sees FY 2017 earnings per share $1.75 to $1.90.Avista Corp - ‍revising 2017 consolidated earnings guidance range to $1.75 to $1.90 per diluted share.Avista - ‍revising 2017 earnings guidance range due to estimated $0.20 to $0.25 of acquisition costs for 2017​.Avista Corp - ‍continue to work toward completing deal with Hydro One in second half of 2018​.Avista Corp qtrly total operating revenue $280.8 million versus $287.2 mln‍​.  Full Article

Hydro One Networks files motion to review and vary OEB decision EB-2016-1060​
Wednesday, 18 Oct 2017 06:18pm EDT 

Oct 18 (Reuters) - Hydro One Ltd :Hydro One Networks Inc - has filed a motion to review and vary OEB decision EB-2016-1060​.  Full Article

‍Hydro One says Ontario energy board approves ‍capital spending at $950 mln for 2017 and $1 bln for 2018
Friday, 29 Sep 2017 06:00am EDT 

Sept 29 (Reuters) - Hydro One Ltd ::‍hydro One Networks Inc - Ontario Energy Board issued decision regarding 2017/2018 transmission revenue requirement and rate settlement application​.‍hydro One Networks Inc​ - OEB's decision includes ‍capital spending approval at $950 million for 2017 and $1 billion for 2018​.‍hydro One Networks Inc​ - "‍hydro One is reviewing decision in detail and will determine appropriate next steps​".  Full Article

Hydro One and Avista file applications for regulatory approval of merger
Thursday, 14 Sep 2017 04:05pm EDT 

Sept 14 (Reuters) - Avista Corp :Hydro One and Avista file applications for regulatory approval of merger.Avista Corp - Co, ‍ Hydro one filed applications requesting regulatory approval of proposed merger of two companies that was announced on July 19​.  Full Article

Hydro One Q2 earnings per share C$0.20
Tuesday, 8 Aug 2017 07:37am EDT 

Aug 8 (Reuters) - Hydro One Ltd :Hydro One reports second quarter results.Q2 earnings per share C$0.20.Qtrly ‍revenues C$1.37 billion versus C$1.55 billion ​.Q2 earnings per share view C$0.25, revenue view C$1.53 billion -- Thomson Reuters I/B/E/S.HYDRO ONE - ‍pending decision on co's 2017-2018 transmission rate filing also impacted qtrly revenues, however co anticipates a decision in near term​.Hydro One - anticipates revised transmission rates to be effective from Jan 1, 2017, would book increased revenue up to date of decision at that time​.  Full Article

Hydro One increases qtrly cash dividend by 5 pct to C$0.22/shr
Tuesday, 8 Aug 2017 07:31am EDT 

Aug 8 (Reuters) - Hydro One Ltd :Hydro one limited declares common share dividend at recently increased 22 cents per share quarterly rate.Increases quarterly cash dividend by 5 percent to c$0.22per share.  Full Article

Avista says it will pay termination fee to Hydro if merger agreement between co, Hydro One is terminated
Wednesday, 19 Jul 2017 05:15pm EDT 

July 19 (Reuters) - Avista Corp :Avista says if merger agreement between co, Hydro one is terminated, co will be required to pay Hydro a termination fee of $103 million - SEC filing.  Full Article

Hydro One to acquire Avista to create growing North American utility leader with C$31.2 billion in enterprise value
Wednesday, 19 Jul 2017 04:28pm EDT 

July 19 (Reuters) - Avista Corp :Hydro One to acquire Avista to create growing North American utility leader with C$31.2 billion in enterprise value.Avista Corp - ‍avista shareholders receive $53 in cash per common share​.Avista Corp - Transaction will be accretive to earnings per share in mid-single digits in first full year of operation.Avista Corp - ‍Hydro One's acquisition financing involves issuance of C$1.4 billion of hydro one common equity and $2.6 billion of Hydro one debt​.Avista Corp - No workforce reductions are anticipated as a result of this transaction for either Hydro One or Avista.Avista Corp - ‍Hydro One and Avista customer rates will not be impacted by any of costs associated with transaction​.Deal for C$6.7 billion ($5.3 billion) in all-cash transaction..Says transaction was unanimously approved by boards of directors of both companies.Avista Corp - Avista preserves corporate identity including its headquarters.Avista Corp - ‍Hydro One's acquisition financing strategy involves issuance of C$1.4 billion of hydro one common equity and $2.6 billion of hydro one debt​.  Full Article

Hydro One announces secondary offering of shares by Province of Ontario
Monday, 8 May 2017 04:15pm EDT 

May 8 (Reuters) - Hydro One Ltd :Hydro One Limited announces secondary offering of common shares by the province of ontario.Hydro One - entered into an agreement with a syndicate of underwriters for secondary offering by province on a bought deal basis, of 120 million common shares.Hydro One Ltd - secondary offering of 120 million common shares of Hydro One at a price of $23.25 per share.  Full Article

BRIEF-Avista shareholders approve acquisition by Hydro One Limited

* Avista shareholders approve acquisition by Hydro One Limited Source text for Eikon: Further company coverage: