American Water Works Company, Inc. (AWK) Subsidiart to Acquire Water System In Hopewell Borough For $6.4 Million. [Yahoo! Finance]
American Water Works Company, Inc. (AWK)
Last american water works company, inc. earnings: 2/18 04:37 pm
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Source: Yahoo! Finance
TheFly reported on December 18, 2025, that New Jersey American Water, a subsidiary of American Water, has agreed to purchase the Hopewell Borough water system for $6.4 million. The sale was approved by 58% of Hopewell voters in a referendum held in November 2025. Over 880 customer connections are served by the Hopewell system. According to the business, a bulk water agreement has allowed them to supply a sizable amount of Hopewell's water for many years, facilitating a smooth transition. The business stated that it intends to make investments in the system to repair outdated infrastructure, eliminate lead service lines, improve dependability, and maintain reasonable prices. New Jersey American Water's president, Mark McDonough, stated that the firm is dedicated to providing Hopewell residents with top-notch service after the acquisition. Separately, on December 17, 2025, Barclays analyst Nicholas Campanella kept the shares' Underweight rating. It also reduced the price target for A
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AWK
Earnings
- 10/29/25 - Beat
AWK
Sec Filings
- 12/31/25 - Form 424B3
- 12/31/25 - Form EFFECT
- 12/29/25 - Form S-4/A
- AWK's page on the SEC website