CALGARY, AB, April 10, 2025 /CNW/ - ATCO Ltd. (TSX: ACO.X) (TSX: ACO.Y)
The Board of Directors of ATCO Ltd. has declared the following quarterly dividends:
Shares
TSX Stock
Symbol
Dividend
Per Share ($)
Record Date
(2025)
Payment Date
(2025)
Class I Non-Voting
ACO.X
0.5045
29-May
30-Jun
Class II Voting
ACO.Y
0.5045
29-May
30-Jun
These dividends are eligible dividends within the meaning of the Income Tax Act (Canada).
As a global enterprise, ATCO Ltd. and its subsidiary and affiliate companies have approximately 21,000 employees and assets of $27 billion. ATCO is committed to future prosperity by working to meet the world's essential energy, housing, security and transportation challenges. ATCO Structures designs, builds and delivers products to service the essential need for housing and shelter around the globe. ATCO Frontec provides operational support services to government, defence and commercial clients. ATCO Energy Systems delivers essential energy for an evolving world through its electricity and natural gas transmission and distribution, and international electricity operations. ATCO EnPower creates sustainable energy solutions in the areas of electricity generation, energy storage, industrial water and cleaner fuels. ATCO Australia develops, builds, owns and operates energy and infrastructure assets. ATCOenergy and Rümi provide retail electricity and natural gas services, home maintenance services and professional home advice that bring exceptional comfort, peace of mind and freedom to homeowners and customers. ATCO also has investments in ports and transportation logistics, the processing and marketing of ash, retail food services and commercial real estate. More information can be found at www.ATCO.com.
CALGARY, AB, April 9, 2025 /CNW/ - ATCO Ltd. (TSX: ACO.X) (TSX: ACO.Y)
ATCO Ltd. (ATCO) will release its financial results for the quarter ended March 31, 2025, on Wednesday, May 7, 2025. The news release will be distributed via Cision (www.newswire.ca/news-releases/) and the results, including Financial Statements and Management's Discussion & Analysis, will be posted on www.ATCO.com.
ATCO will hold a live teleconference and webcast with Adam Beattie, President, Structures and Katie Patrick, Executive Vice President, Chief Financial & Investment Officer at 10:00 am Mountain Time (12:00 pm Eastern Time) on Wednesday, May 7, 2025 at 1-833-821-0222. No pass code is required.
Joint Venture will lead made-in-Canada solution for Polar Over-The-Horizon Radar contract valued at $48.4M
CALGARY, AB, April 2, 2025 /CNW/ - ATCO Ltd. (TSX: ACO.X) (TSX: ACO.Y)
The Government of Canada has awarded a joint venture between ATCO Frontec Ltd., and Inuvialuit Development Corporation (IDC), a two-year contract valued at $48.4 million to design, build, install and operate a new radar defence system in the Northwest Territories. Under the terms of the joint venture agreement, IDC holds 51% ownership, while ATCO holds 49%. The Polar Over-the-Horizon Radar (POTHR) system will use technology that can detect targets at long ranges, typically hundreds to thousands of kilometres, beyond the typical radar horizon.
CALGARY, AB, March 10, 2025 /CNW/ - ATCO Ltd. (TSX: ACO.X) (TSX: ACO.Y)
The Toronto Stock Exchange (the "Exchange") has accepted a Notice of Intention to make a Normal Course Issuer Bid (the "Notice") from ATCO Ltd. (the "Company") pursuant to which the Company intends to make a Normal Course Issuer Bid ("NCIB") for certain of its outstanding Class I Non-Voting Shares ("Class I Shares") on the terms set forth in the Notice. The Company believes that, from time to time, the market price of its Class I Shares may not fully reflect the value of its business, and that purchasing its own Class I Shares represents an attractive investment opportunity and desirable use of available funds. The purchase of Class I Shares, at appropriate prices, will also minimize any dilution resulting from the exercise of stock options.
CALGARY, AB, Feb. 27, 2025 /CNW/ - ATCO Ltd. (TSX: ACO.X) (TSX: ACO.Y)
ATCO Ltd. (ATCO or the Company) today announced adjusted earnings (1) in 2024 of $481 million ($4.29 per share), which were $49 million ($0.47 per share) higher compared to $432 million ($3.82 per share) in 2023. Fourth quarter adjusted earnings in 2024 of $146 million ($1.30 per share) were $19 million ($0.17 per share) higher compared to $127 million ($1.13 per share) in the fourth quarter of 2023.
2024 earnings attributable to Class I and Class II Shares reported in accordance with International Financial Reporting Standards (IFRS earnings) were $430 million ($3.83 per share) compared to $432 million ($3.82 per share) in 2023. Fourth quarter 2024 IFRS earnings were $138 million ($1.23 per share) compared to $95 million ($0.85 per share) in the fourth quarter of 2023.
CALGARY, AB, Feb. 18, 2025 /CNW/ - The Invictus Games Vancouver Whistler 2025, co-presented by ATCO and Boeing, concluded after nine days of inspiring competition and community celebration in Vancouver and Whistler.
Welcoming more than 500 wounded, injured, and sick veteran and active-duty individuals from 23 nations, the Games were a resounding success, highlighting the indomitable spirit of its competitors, the dedication of Games' organizers and the community passion of more than 2,000 volunteers.
CALGARY, AB, Feb. 3, 2025 /CNW/ - ATCO Ltd. (TSX: ACO.X) (TSX: ACO.Y)
ATCO Ltd. (ATCO) will release its financial results for the year ended December 31, 2024, on Thursday, February 27, 2025. The news release will be distributed via Cision (www.newswire.ca/news-releases/) and the results, including Financial Statements and Management's Discussion & Analysis, will be posted on www.ATCO.com.
ATCO will hold a live teleconference and webcast with Katie Patrick, Executive Vice President, Chief Financial & Investment Officer, and Adam Beattie, President, Structures at 11:00 am Mountain Time (1:00 pm Eastern Time) on Thursday, February 27, 2025 at 1-844-763-8274. No pass code is required.
Increases Common Share Dividend for the 32nd consecutive year
CALGARY, AB, Jan. 9, 2025 /CNW/ - ATCO Ltd. (TSX: ACO.X) (TSX: ACO.Y)
The Board of Directors of ATCO Ltd. today declared a first quarter dividend of 50.45 cents per Class I non-voting (TSX:ACO.X) and Class II voting share (TSX:ACO.Y), a three per cent increase over the 48.98 cents paid in each of the four previous quarters. This common share dividend is payable March 31, 2025, to shareholders of record on February 27, 2025.
First-of-its-kind environmental project for Michigan will turn stored ash into cement substitute
CALGARY, AB and WEST OLIVE, Mich., January 6, 2025 /PRNewswire/ - Ashcor USA Inc., a subsidiary of Ashcor Technologies Ltd. and a division of ATCO Ltd. (TSX: ACO.X) (TSX: ACO.Y), and Michigan-based Consumers Energy are excited to announce an agreement to extract and repurpose millions of tons of impounded coal ash from the soon to be retired J.H. Campbell Generating Complex.
"We're doing the right thing as we make a just transition away from coal as a fuel source for electricity and that includes fulfilling our environmental responsibilities at the Campbell Generating Complex," said Norm Kapala, vice president of generation operations for Consumers Energy. "While our focus today is on meeting power needs in a more environmentally sustainable way, we are also committed to removing 60 years of ash deposits that will be beneficially repurposed."
First-of-its-kind environmental project for Michigan will turn stored ash into cement substitute
CALGARY, AB and WEST OLIVE, Mich., January 6, 2025 /CNW/ - Ashcor USA Inc., a subsidiary of Ashcor Technologies Ltd. and a division of ATCO Ltd. (TSX: ACO.X) (TSX: ACO.Y), and Michigan-based Consumers Energy are excited to announce an agreement to extract and repurpose millions of tons of impounded coal ash from the soon to be retired J.H. Campbell Generating Complex.
First-of-its-kind environmental project for Michigan will turn stored ash into cement substitute
CALGARY, AB and WEST OLIVE, Mich., Jan. 6, 2025 /PRNewswire/ -- Ashcor USA Inc., a subsidiary of Ashcor Technologies Ltd. and a division of ATCO Ltd. (TSX: ACO.X) (TSX: ACO.Y), and Michigan-based Consumers Energy are excited to announce an agreement to extract and repurpose millions of tons of impounded coal ash from the soon to be retired J.H. Campbell Generating Complex.
CALGARY, AB, Jan. 2, 2025 /CNW/ - ATCO Ltd. (TSX: ACO.X, ACO.Y)
ATCO Ltd. is pleased to announce the appointment of Dawn Farrell and Kelly Koss-Brix to its Board of Directors, effective immediately. "We are thrilled to welcome Dawn Farrell and Kelly Koss-Brix to our Board of Directors," said Nancy Southern, Chair & Chief Executive Officer of ATCO Ltd. "Their wealth of experience, business and reputational insights, and leadership perspectives will be invaluable as we continue to partner and invest in life's essentials for a changing world. "
CALGARY, AB, Nov. 22, 2024 /CNW/ - ATCO Ltd. (TSX: ACO.X) (TSX: ACO.Y)
ATCO Ltd. (ATCO or the Company) today announced that as a result of the Canada Post postal strike, and in accordance with Alberta Securities Commission Blanket Order 51-516, share owners are able to access an electronic version of the Company's unaudited consolidated financial statements and management's discussion and analysis for the quarter ended September 30, 2024, in the following ways:
CALGARY, AB, Nov. 14, 2024 /CNW/ - ATCO Ltd. (TSX: ACO.X) (TSX: ACO.Y)
ATCO Ltd. (ATCO or the Company) today announced third quarter 2024 adjusted earnings of $91 million ($0.81 per share), $10 million ($0.10 per share) higher compared to $81 million ($0.71 per share) in the third quarter of 2023.
Third quarter earnings attributable to Class I and Class II Shares reported in accordance with International Financial Reporting Standards (IFRS earnings) were $93 million ($0.83 per share), $2 million ($0.03 per share) higher compared to $91 million ($0.80 per share) in the third quarter of 2023.
As Remembrance Day approaches, Grades 4-9 students can enter with creative composition on "Why Military Matters"
CALGARY, AB, Oct. 17, 2024 /CNW/ - ATCO Ltd. (TSX: ACO.X) (TSX: ACO.Y) – ATCO is providing Alberta students an opportunity to share their feelings about the heroes who make up our Armed Forces and Veteran communities, potentially winning a chance to experience the 2025 Invictus Games in person. Entrants from grades 4 through 9 who submit a creative composition centered around the theme "Why Military Matters" will be entered to win one of 10 trips for two (for the student and parent / legal guardian) to the Games being held in Vancouver, British Columbia from February 15-17, 2025.
CALGARY, AB, Oct. 10, 2024 /CNW/ - ATCO Ltd. (TSX: ACO.X) (TSX: ACO.Y)
ATCO Ltd. (ATCO) will release its financial results for the quarter ended September 30, 2024, on Thursday, November 14, 2024. The news release will be distributed via Cision (www.newswire.ca/news-releases/) and the results, including Financial Statements and Management's Discussion & Analysis, will be posted on www.ATCO.com.
ATCO will hold a live teleconference and webcast with Katie Patrick, Executive Vice President, Chief Financial & Investment Officer and Adam Beattie, President, Structures at 10:00 am Mountain Time (12:00 pm Eastern Time) on Thursday, November 14, 2024 at 1-844-763-8274. No pass code is required.
CALGARY, AB, Oct. 8, 2024 /CNW/ - ATCO Ltd. (TSX: ACO.X) (TSX: ACO.Y)
The Board of Directors of ATCO Ltd. has declared the following quarterly dividends:
Shares
TSX Stock
Symbol
Dividend
Per Share ($)
Record Date
(2024)
Payment Date
(2024)
Class I Non-Voting
ACO.X
0.4898
05-Dec
31-Dec
Class II Voting
ACO.Y
0.4898
05-Dec
31-Dec
These dividends are eligible dividends within the meaning of the Income Tax Act (Canada).
As a global enterprise ATCO Ltd. and its subsidiary and affiliate companies have approximately 20,000 employees and assets of $26 billion. ATCO is committed to future prosperity by working to meet the world's essential energy, housing, security and transportation challenges. ATCO Structures designs, builds and delivers products to service the essential need for housing and shelter around the globe. ATCO Frontec provides operational support services to government, defence and commercial clients. ATCO Energy Systems delivers essential energy for an evolving world through its electricity and natural gas transmission and distribution, and international operations. ATCO EnPower creates sustainable energy solutions in the areas of renewables, energy storage, industrial water and alternative fuels. ATCO Australia develops, builds, owns and operates energy and infrastructure assets. ATCOenergy and Rümi provide retail electricity and natural gas services, home maintenance services and professional home advice that bring exceptional comfort, peace of mind and freedom to homeowners and customers. ATCO also has investments in ports and transportation logistics, the processing and marketing of fly ash, retail food services and commercial real estate. More information can be found at www.ATCO.com.
CALGARY, AB, Oct. 9, 2024 /CNW/ - ATCO Ltd. (TSX: ACO.X) (TSX: ACO.Y)
Today, ATCO announced the recipients of the 2024 Community Energy Fund. Now in its second year, this program supports Alberta's schools, non-profits and municipalities in their energy transition journeys.
This year, 12 deserving projects have been selected to receive funding. The funded projects include feasibility audits, the installation of electric vehicle charging stations, solar panel installations and the development of an innovative hydrogen learning tool.
CALGARY, AB, Sept. 18, 2024 /CNW/ - Canadian Utilities Limited (TSX: CU)
ATCO Energy Systems advances Alberta energy infrastructure with filing of Yellowhead Mainline application with Alberta Utilities Commission.Application demonstrates clear need for new infrastructure to support energy, petrochemical, building materials and hydrogen projects that use natural gas and carbon capture technology to produce products the world demands with lower emissions than previously possible.The Yellowhead Mainline project is expected to expand the capacity and enhance the efficiency of the province's natural gas network, delivering the energy required for Alberta's growing industry and population.Expected to create thousands of direct jobs during construction and enable more than $20 billion of investment and associated employment in Alberta while also providing additional market access to producers.
CALGARY, AB, Sept. 3, 2024 /CNW/ - ATCO Ltd. (TSX: ACO.X) (TSX: ACO.Y)
ATCO Structures & Logistics Ltd. (ATCO Structures) has successfully closed the previously announced acquisition of NRB Limited (NRB), a leading Canadian manufacturer of modular industrial, educational and residential buildings, from Dexterra Group Inc. The purchase, completed for $40 million in cash, was subject to normal closing adjustments and conditions, including final authorization of the Canadian Competition Bureau.
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