American Water Works (AWK) Announces 9.5M Share Offering

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Go back to American Water Works (AWK) Announces 9.5M Share Offering

American Water Announces Common Stock Offering

February 28, 2023 4:06 PM EST

CAMDEN, N.J.--(BUSINESS WIRE)-- American Water Works Company, Inc. (NYSE: AWK) announced today that it has commenced a registered underwritten offering of 9,500,000 shares of its common stock. American Water intends to grant the underwriters of the offering a 30-day option to purchase from American Water up to an additional 1,425,000 shares of common stock. The proposed offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the... More