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Officer selling at Fortis (T:FTS)

Updated Friday Oct 20, 2017 02:21 AM EDT

Earl Ludlow, a Senior Officer, exercised 35,056 Options and sold the same number of Common Shares on a direct ownership basis at a price of $46.446 on October 18th, 2017. This represents a $1,628,211 divestment of the company's shares and an account share holdings change of -25.9%.

Fortis is in the Electric Utilities Sub Industry Group under the Utilities Sector.

Fortis Inc. is a Canada-based electric and gas utility holding company. The Company's segments include Regulated Utilities and Non-Regulated Utilities. The Regulated Utilities segment includes Regulated Electric & Gas Utilities-the United States, which consists of ITC Holdings Corp. (ITC Holdings), UNS Energy Corporation and Central Hudson Gas & Electric Corporation (Central Hudson); Gas & Electric Utilities-Canadian, which consists of FortisAlberta Inc. (FortisAlberta), FortisBC Energy Inc. (FortisBC Energy), FortisBC Inc. (FortisBC Electric) and Newfoundland Power Inc. (Newfoundland Power); Electric Utilities-Caribbean, which includes its ownership interest in Caribbean Utilities Company, Ltd., Fortis Turks and Caicos, and its investment in Belize Electricity Limited. The Non-Regulated Utilities segment consists of Non-Regulated-Energy Infrastructure, which comprises long-term generation assets in British Columbia and Belize, and the Aitken Creek natural gas storage facility.

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Go to Fortis Inc. (FTS)'s company page

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