XML 69 R52.htm IDEA: XBRL DOCUMENT v3.24.0.1
Common Stock (Tables)
 12 Months Ended
Dec. 31, 2023
Common Stock [Abstract]  
Summary of Issued and Outstanding Common Stock
Authorized
:
 
Unlimited number of non-par value common shares.
2023
2022
Issued and outstanding:
millions
of shares
 
millions of
dollars
millions of
shares
 
millions of
dollars
Balance, January 1
 
269.95
$
 
7,762
 
261.07
$
 
7,242
Issuance of common stock under ATM program
(1)(2)
 
8.29
 
397
 
4.07
 
248
Issued under the DRIP,
 
net of discounts
 
5.26
 
272
 
4.21
 
238
Senior management stock options exercised and Employee Share
Purchase Plan
 
0.62
 
31
 
0.60
 
34
Balance, December 31
 
284.12
$
 
8,462
 
269.95
$
 
7,762
(1) For the year ended December 31, 2022, a total of
4,072,469
 
common shares were issued under Emera's ATM program
 
at an
average price of $
61.31
 
per share for gross proceeds of $
250
 
million ($
248
 
million net of after-tax issuance costs).
(2) For the year ended December 31, 2023, a total of
8,287,037
 
common shares were issued under Emera's ATM program
 
at an
average price of $
48.27
 
per share for gross proceeds of $
400
 
million ($
397
 
million net of after-tax issuance costs).