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COMMON SHARES
 12 Months Ended
Dec. 31, 2015
Notes To Consolidated Financial Statements [Abstract]  
Schedule of Stock by Class [Text Block]

16.       COMMON SHARES

 

The following table sets forth the Eversource parent common shares and those of CL&P, NSTAR Electric, PSNH and WMECO that were authorized and issued as well as the respective per share par values:

    Shares
    Authorized Issued
 Per Share  as of December 31, as of December 31,
 Par Value 2015 and 2014 2015 2014
Eversource$5 380,000,000   333,862,615  333,359,172
CL&P$10 24,500,000   6,035,205   6,035,205
NSTAR Electric$1 100,000,000   100   100
PSNH$1 100,000,000   301   301
WMECO$25 1,072,471   434,653   434,653

As of December 31, 2015 and 2014, there were 16,671,366 and 16,375,835 Eversource common shares held as treasury shares, respectively. As of December 31, 2015 and 2014, Eversource common shares outstanding were 317,191,249 and 316,983,337, respectively. In May 2015, the Company repurchased 532,521 Eversource common shares at a share price of $47.94. Such shares are included in Treasury Stock on the consolidated balance sheet at their weighted average original average cost of $26.02 per share.