American Water Works Co. Inc. has filed a prospectus for a public offering involving 7,042,254 shares of its common stock, par value $0.01 per share, as part of its forward sale agreements. The company has entered into these agreements with Wells Fargo Bank, JPMorgan Chase Bank, and Mizuho Markets Americas, with the sale managed by Wells Fargo Securities, J.P. Morgan Securities, and Mizuho Securities USA. The forward sale agreements allow American Water to settle by issuing shares at a future date, with the initial forward sale price set at $139.657 per share. Additionally, the underwriters have a 30-day option to purchase up to 1,056,338 additional shares. The offering is registered under the Securities Act of 1933.
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