American Water Secures Massive $1B Stock Deal: Major Banks Lead Complex Forward Sale Structure

American Water announces pricing of stock offering with forward component

American Water Works Co., the largest regulated water and wastewater utility company in the United States, announced Aug. 5 the pricing of a registered underwritten offering of 7,042,254 shares of its common stock at a price to the public of $142 per share. All shares are expected to be borrowed by the forward purchasers from third parties and sold to the underwriters and offered in connection with the forward-sale agreements. Wells Fargo Securi…

American Water Announces Pricing of Common Stock Offering of 7,042,254 Shares with a Forward Component

CAMDEN, N.J.--(BUSINESS WIRE)--Aug 5, 2025-

American Water Secures Massive $1B Stock Deal: Major Banks Lead Complex Forward Sale Structure

American Water prices 7M share offering at $142/share with Wells Fargo, JPMorgan, and Mizuho as forward purchasers. Discover the strategic financing details.