American States Water Company has successfully completed its at-the-market equity offering program, raising the full $200 million in gross proceeds. The program, established in February 2024, allowed the company to sell shares of its common stock from time to time, and it was fully utilized by June 12, 2026. Net proceeds were used for general corporate purposes, including paying down credit facility borrowings and making equity contributions to regulated subsidiaries. The company stated it has no plans to issue additional equity through the end of 2029 and likely beyond based on current estimates.
American States Water CompanyCompany completed $200M ATM equity offering, using proceeds to pay down debt and fund regulated subsidiaries, with no further equity issuance planned through 2029.