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WTRG / Essential Utilities Announces Lower Needs for Common Equity in 2023 and Announces Plans to Report Earnings For Second Quarter 2023

Essential Utilities Announces Lower Needs for Common Equity in 2023 and Announces Plans to Report Earnings For Second Quarter 2023
BRYN MAWR, Pa.--(BUSINESS WIRE)--Essential Utilities Inc. (NYSE: WTRG) today announced lower common equity needs for 2023. The Company now expects to issue, subject to market conditions, approximately $300 million of common stock in 2023, in addition to the equity previously raised through the company's at the market (ATM) program. This equity is to achieve the Company's 2023 capital investment plans and support signed acquisitions in its municipal acquisition program. The company expects to ut. Read More
Posted: Jul 13 2023, 06:30
Author Name: Business Wire
Views: 111519

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