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Common Stock (Tables)

12 Months Ended

Dec. 31, 2019

Common Stock

Common Stock

Authorized: Unlimited number of non-par value common shares.
	2019				2018
Issued and outstanding:	millions of shares	millions of Canadian dollars			millions of shares	millions of Canadian dollars
Balance, December 31, 2018	234.12	$	5,816		228.77	$	5,601
Conversion of Convertible Debentures	0.03		1		0.01		-
Issuance of common stock (1)	1.77		99		0.45		22
Issued under Purchase Plans at market rate	3.99		202		4.87		200
Discount on shares purchased under Dividend Reinvestment Plan	-		(7)		-		(9)
Options exercised under senior management share option plan	2.57		104		0.02		1
Employee Share Purchase Plan	-		1		-		1
Balance, December 31, 2019	242.48	$	6,216		234.12	$	5,816
(1) As at December 31, 2019 a total of 1.77 million common shares have been issued through Emera's at-the-market equity program ("ATM Program") at an average price of $56.56 per share for gross proceeds of $100 million ($98.7 million net of issuance costs).

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Tabular disclosure of the change in common stock outstanding.

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