Connecticut Water Service, Inc. (CTWS: Quote) 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
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