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 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.