Avangrid, Inc. (NYSE:AGR) Files An 8-K Results of Operations and Financial Condition
Item2.02
|
Results of Operations and Financial Condition |
On February21, 2017, Avangrid, Inc. (the Company) issued a press
release announcing its financial results for the twelve-month
period ended December31, 2016. The press release also announced
the timing for the Companys investor day event, which will
feature presentations from the Companys executive management
team. A copy of the Companys press release is attached hereto as
Exhibit 99.1 and incorporated by reference herein.
| Item7.01 | Regulation FD Disclosure |
The Company will conduct an audio-only financial presentation on
Tuesday, February21, 2017, beginning at 10:00 a.m., Eastern Time.
The Companys executive management will present an overview of the
financial results followed by a question and answer session.
Interested parties, including analysts, investors and the media,
are able to listen live via the internet by logging onto the
investor relations section of the Companys website at http://
www.avangrid.com. Institutional investors can access the
conference via Thomson Street Events (www.streetevents.com), a
password-protected event management site. A copy of the Companys
presentation is furnished herewith as Exhibit 99.2 and
incorporated by reference herein.
to General Instruction B.2 of Form 8-K and SEC Release
No.33-8176, the information contained in Item 2.02 and 7.01 of
this Form 8-K, including Exhibits 99.1 and 99.2, shall not be
deemed filed for purposes of Section18 of the Securities Exchange
Act of 1934, as amended, is not subject to the liabilities of
that section and is not deemed incorporated by reference in any
filing under the Securities Act of 1933, as amended, except as
shall be expressly set forth by specific reference in such a
filing.
The presentation contains statements intended as forward-looking
statements which are subject to the cautionary statements about
forward-looking statements set forth therein.
| Item8.01 | Other Events. |
On February16, 2017, the Company issued a press release
announcing that the Board had declared a quarterly dividend of
$0.432 per share on its common stock. This dividend is payable
April3, 2017, to shareholders of record at the close of business
on March10, 2017. A copy of the Companys press release is
attached hereto as Exhibit 99.3 and incorporated by reference
herein.
| Item9.01 | Financial Statements and Exhibits. |
| (d) | Exhibits. |
| Exhibit No. | Description | |
| 99.1 | Press Release dated February21, 2017. | |
| 99.2 | Fiscal Year 2016 Earnings Presentation. | |
| 99.3 | Press Release dated February16, 2017. |
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About Avangrid, Inc. (NYSE:AGR)
Avangrid, Inc. is a diversified energy and utility company with more than $30 billion in assets and operations in 25 states. The company operates regulated utilities and electricity generation through two primary lines of business. Avangrid Networks includes eight electric and natural gas utilities, serving approximately 3.1 million customers in New York and New England. Avangrid Renewables operates 6.3 gigawatts of electricity capacity, primarily through wind power, in states across the United States. Iberdrola S.A. (Madrid: IBE), a worldwide leader in the energy industry, owns 81.5% of AVANGRID. Avangrid, Inc. (NYSE:AGR) Recent Trading Information
Avangrid, Inc. (NYSE:AGR) closed its last trading session up +0.13 at 40.91 with 603,775 shares trading hands.
