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Unitil Shareholders Elect Directors at Annual Meeting

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Unitil held its Annual Meeting of Shareholders, electing new Directors and approving key decisions. Thomas P. Meissner, Jr., presented highlights from 2023, focusing on a transition to a clean energy future. Shareholders also approved the Company's Third Amended and Restated Stock Plan and Deloitte & Touche, LLP as independent registered public accountants for 2024.

Unitil ha tenuto la sua Assemblea Annuale degli Azionisti, eleggendo nuovi Direttori e approvando decisioni importanti. Thomas P. Meissner, Jr. ha presentato i punti salienti del 2023, concentrando l'attenzione sulla transizione verso un futuro di energia pulita. Gli azionisti hanno anche approvato il Terzo Piano di Azioni Emendato e Ristabilito della Società e Deloitte & Touche, LLP come contabili pubblici indipendenti registrati per il 2024.
Unitil realizó su Reunión Anual de Accionistas, eligiendo a nuevos Directores y aprobando decisiones clave. Thomas P. Meissner, Jr., presentó los aspectos más destacados de 2023, enfocándose en la transición hacia un futuro de energía limpia. Los accionistas también aprobaron el Tercer Plan de Acciones Enmendado y Restablecido de la Compañía y a Deloitte & Touche, LLP como contadores públicos registrados independientes para 2024.
유닛일은 주주총회를 개최하여 새로운 이사를 선출하고 주요 결정을 승인했습니다. 토마스 P. 마이스너 주니어는 2023년의 주요 내용을 발표하며 청정 에너지 미래로의 전환에 초점을 맞췄습니다. 주주들은 또한 회사의 세 번째 개정 및 재확정 주식 계획과 2024년도 독립 등록 공인회계사로 딜로이트 & 터취, LLP를 승인했습니다.
Unitil a tenu son Assemblée Annuelle des Actionnaires, élisant de nouveaux Directeurs et approuvant des décisions importantes. Thomas P. Meissner, Jr. a présenté les points forts de 2023, se concentrant sur la transition vers un avenir énergétique propre. Les actionnaires ont également approuvé le Troisième Plan d'Actions Modifié et Restitué de la Société et Deloitte & Touche, LLP comme comptables publics indépendants enregistrés pour 2024.
Unitil hat seine jährliche Hauptversammlung der Aktionäre abgehalten, neue Direktoren gewählt und wichtige Entscheidungen genehmigt. Thomas P. Meissner, Jr. präsentierte die Höhepunkte des Jahres 2023, wobei der Fokus auf den Übergang zu einer sauberen Energiezukunft lag. Die Aktionäre genehmigten auch den Dritten Geänderten und Neu Fassung Aktienplan des Unternehmens sowie Deloitte & Touche, LLP als unabhängige eingetragene öffentliche Buchprüfer für das Jahr 2024.
Positive
  • Shareholders elected new Directors, bringing fresh perspectives and expertise to the Board.

  • Approval of the Company's Third Amended and Restated Stock Plan shows confidence in Unitil's future growth and development.

  • Shareholder approval of Deloitte & Touche, LLP as independent registered public accountants highlights commitment to transparency and financial integrity.

  • Thomas P. Meissner, Jr.'s presentation on a transition to a clean energy future demonstrates Unitil's commitment to sustainability and long-term value creation.

Negative
  • None.

HAMPTON, N.H., May 01, 2024 (GLOBE NEWSWIRE) -- Unitil Corporation (NYSE:UTL) (unitil.com) held its Annual Meeting of Shareholders today at the corporate office in Hampton, New Hampshire. Shareholders elected Suzanne Foster, Thomas P. Meissner, Jr., and Justine Vogel to the Board of Directors each for a term of three years. Shareholders also approved the Company’s Third Amended and Restated Stock Plan, and ratified the selection of Deloitte & Touche, LLP as independent registered public accountants for 2024.  

Additionally, the required shareholder advisory vote concerning executive compensation, also known as “say on pay,” was approved by 96.5% of shareholders.

Following the business of the formal meeting, Thomas P. Meissner, Jr., Unitil's Chairman and Chief Executive Officer, presented highlights from 2023 as well as a strategic look at the transition to a clean energy future and creating long-term sustainable value. Mr. Meissner's presentation is available in the Investor Relations section of the Company’s website at investors.unitil.com.

About Unitil Corporation
Unitil Corporation provides energy for life by safely and reliably delivering electricity and natural gas in New England. We are committed to the communities we serve and to developing people, business practices, and technologies that lead to the delivery of dependable, more efficient energy. Unitil Corporation is a public utility holding company with operations in Maine, New Hampshire and Massachusetts. Together, Unitil’s operating utilities serve approximately 108,500 electric customers and 88,400 natural gas customers. For more information about our people, technologies, and community involvement please visit unitil.com.

This press release contains forward-looking statements, which are subject to the inherent uncertainties in predicting future results and conditions. All statements, other than statements of historical fact, are forward-looking statements. Certain factors that could cause the actual results to differ materially from those projected in these forward-looking statements include, but are not limited to the following: variations in weather; changes in the regulatory environment; customers' preferences on energy sources; general economic conditions; increased competition; fluctuations in supply, demand, transmission capacity and prices for energy commodities; and other uncertainties, all of which are difficult to predict, and many of which are beyond the control of Unitil Corporation.

For more information please contact:                                                                                                          
Christopher Goulding – Investor Relations
Phone: 603-773-6466
Email: gouldingc@unitil.com

Alec O’Meara – External Affairs                                                                                               
Phone: 603-773-6404                                
Email: omeara@unitil.com


FAQ

Who were elected to the Board of Directors at Unitil's Annual Meeting?

Suzanne Foster, Thomas P. Meissner, Jr., and Justine Vogel were elected to the Board of Directors at Unitil's Annual Meeting.

What key decisions were approved by shareholders at Unitil's Annual Meeting?

Shareholders approved the Company's Third Amended and Restated Stock Plan and Deloitte & Touche, LLP as independent registered public accountants for 2024.

Where can I find Thomas P. Meissner, Jr.'s presentation from the Annual Meeting?

Thomas P. Meissner, Jr.'s presentation from the Annual Meeting is available in the Investor Relations section of Unitil 's website at investors.unitil.com.

Unitil Corporation

NYSE:UTL

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