American Water Works Co. Inc. (AWK) said that its unit, RWE AG, would offer 37.4 million shares of common stock as selling stockholder. Under the offering, all shares will be sold by the selling stockholder with proceeds going to RWE AG.
The selling stockholder has granted the underwriters a 30-day option to purchase up to 3.7 million additional shares.
After the offering, and assuming full exercise of the underwriters' option, the selling stockholder will have completed its divestiture of American Water.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.