logo
Share SHARE
FONT-SIZE Plus   Neg

Connecticut Water Service Announces Closing Of Common Stock Offering

Connecticut Water Service, Inc. (CTWS) announced that it has closed its underwritten public offering of 1.70 million shares of its common stock at a price to the public of $29.25 per share.

The total offering size reflects the underwriters' exercise in full of their option to purchase 221,250 shares of common stock from the company to cover over-allotments.

Connecticut Water Service provides regulated and unregulated water utility services in Connecticut and Maine through its operating water utility and unregulated subsidiaries.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
The World Health Organization or WHO on Tuesday asked the tobacco industry to compensate for the massive environment issues caused by tobacco growing and usage. WHO, in its first report on tobacco's impact on the environment, said the extensive use of chemicals, energy and water, and pollution from manufacturing and distribution of tobacco products, cause massive harm to the environment. Shares of Ryanair Holdings Plc were losing around 2 percent in the early morning trading in London after the Irish no-frills airline Tuesday said it is cautiously guiding a profit increase in fiscal 2018 after reporting weak profit in fiscal 2017. The latest year profit was hurt by the absence of prior year's gain, while revenues increased with strong traffic growth. Hampton Farms has voluntarily recalled Ava's brand organic cashews for potential Listeria contamination. The Organic Cashews Roasted & Salted 8 oz. tubs were distributed in New Jersey, New York, Pennsylvania and Connecticut. As per the recall statement, fewer than 225 units of this product were offered for retail sale.
comments powered by Disqus
Follow RTT