Unitil Shareholders Elect Directors at Annual Meeting
Unitil (NYSE:UTL) held its Annual Meeting on April 29, 2026, in Hampton, New Hampshire.
Rhea-AI Summary
Unitil (NYSE:UTL) held its Annual Meeting on April 29, 2026, in Hampton, New Hampshire. Shareholders elected Neveen F. Awad, Winfield S. Brown and Mark H. Collin to three-year terms on the board and ratified Deloitte & Touche, LLP as independent accountants for 2026.
Shareholders approved the advisory say-on-pay vote with 96% support. Chairman & CEO Thomas P. Meissner, Jr. reviewed 2025 highlights, including recent acquisitions and the company’s long-term strategy; his presentation is available in the Investor Relations section at investors.unitil.com.
Positive
- Board elections: 3 directors elected to three-year terms
- Advisory say-on-pay approved with 96% support
- Independent auditor Deloitte & Touche ratified for 2026
Negative
- None.
Details
News Market Reaction – UTL
In the Apr 30 session, UTL gained 0.65%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
- Say-on-pay approval
- 96%
- 2026 advisory vote on executive compensation at annual meeting
- Electric customers
- 110,100
- Current customers served in New England per article
- Natural gas customers
- 105,000
- Current customers served in New England per article
- GAAP net income
- $50.2 million
- 2025 net income highlighted in 8-K and 10-K
- Adjusted EPS
- $3.16
- 2025 adjusted EPS noted in 8-K presentation
- Annualized dividend
- $1.90 per share
- Dividend level emphasized in 8-K and prior releases
- Capital plan
- $1.2 billion
- Five-year utility capital plan from 8-K presentation
- Consolidated rate base
- $1,329 million
- 2025 consolidated rate base reported in 8-K
Historical Context
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Announced timing and access details for Q1 2026 earnings release and call.
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Reported higher GAAP and adjusted net income, reaffirmed EPS growth and raised dividend.
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Raised quarterly dividend to $0.475, lifting annualized payout to $1.90 per share.
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Set dates for Q4 2025 earnings release and webcast for investors.
-
Released sustainability report detailing carbon, safety, human capital, and customer metrics.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
say on pay financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
HAMPTON, N.H., April 29, 2026 (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 Neveen F. Awad, Winfield S. Brown and Mark H. Collin to the Board of Directors, each for a term of three years. Shareholders also ratified the selection of Deloitte & Touche, LLP as independent registered public accountants for 2026.
Additionally, the required shareholder advisory vote concerning executive compensation, also known as “say on pay,” was approved by
Following the business of the formal meeting, Thomas P. Meissner, Jr., Unitil's Chairman and Chief Executive Officer, presented highlights from 2025 including recent acquisitions, and the Company’s strategies for 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 110,100 electric customers and 105,000 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
Amanda Vicinanzo – External Affairs
Phone: 603-691-7784
Email: vicinanzoa@unitil.com
FAQ
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