Topic:"Corporate Adjustments" in M12780

Share Capital For the year ended December 31, 2025, the Company issued 0.04 million (2024 – 0.04 million) common shares to Emera for total consideration of $0.4 million (2024 – $0.4 million) and returned $340 million of capital (2024 − nil...

AI summary In 2025, NSPI issued 0.04 million common shares to Emera for $0.4 million and returned $340 million of capital to Emera without reducing the number of outstanding shares. As of December 31, 2025, NSPI had 173.5 million common shares issued and outstanding.

The Industrial Group submitted: …NSPI's ratepayers have an interest in whether NSPI's executives and management team are appropriately compensated (not excessively or inadequately compensated) to attract and retain talent, and they are pro...

AI summary The Industrial Group emphasizes the importance of appropriate executive compensation for NSPI to attract talent and act in ratepayers' best interests, especially within the Emera Group. The Consumer Advocate links NS Power's request for increased ROE and equity thickness to potential executive compensation, arguing that without evidence of reasonableness, ratepayers cannot fully assess the justification for these increases.