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Just Energy Group, Inc. engages in the provision of electricity and natural gas commodities, energy efficient solutions, and renewable energy options. It operates through the Consumer Energy, and Commercial Energy segments. Read More The Consumer Energy segment includes cash and cash equivalents, as well as the long-term debt. The company was founded by Rebecca MacDonald in July 1997 and is headquartered in Mississauga, Canada.
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Just Energy Group Inc. Announces Repurchase of US$21,800,000 of its 2019 Convertible Bonds
TORONTO, March 25, 2019 (GLOBE NEWSWIRE) -- Just Energy Group Inc. (TSX:JE; NYSE:JE) (“Just Energy” or the “Company”), a leading consumer company focused on essential needs including electricity and natural gas commodities, health and well-being products, and utility conservation, announced today that it has repurchased US$21,800,000 in aggregate principal amount of its 6.50 percent convertible bonds due July 2019 (the “Bonds”) through open market repurchases (the “OMR”). The OMR was funded through the f...
Financial PostMar 22
Utility firm Just Energy cuts 200 positions, predicts $9M in severance costs
TORONTO — Just Energy Group Inc. says it is eliminating 200 jobs in a move that will save $40 million in annual costs in its upcoming financial year. The company, which sells electricity and natural gas and provides other services to consumers in Canada, the United Kingdom and the United States, says it will incur about $9 million in severance costs in the fourth quarter of its 2019 financial year, which ends March 31. In a regulatory filing in May last year, Just Energy reported employing a total of 1,57...
Expected May 15, After Hours