HAMPTON, N.H., Aug. 14, 2025 (GLOBE NEWSWIRE) -- Unitil Corporation (NYSE: UTL) (unitil.com) (the “Company”) today announced that it has priced its previously announced public offering of 1,393,355 shares of its common stock at a price of $46.65 per share. The offering is expected to close on August 18, 2025, subject to customary closing conditions.
Related Questions
How will the pricing of the common stock offering at $46.65 per share affect Unitil's current market price and trading volume?
What is the dilution impact of issuing 1,393,355 new shares on existing shareholders' ownership percentages and earnings per share?
How might the market's perception of the offering size and price influence short‑term volatility and the stock's beta relative to the utility sector?
Will the additional capital improve Unitil's growth initiatives, dividend policy, or infrastructure investments, and how might that influence analyst coverage?
Are there any lock‑up or registration rights agreements associated with this offering that could affect future secondary offerings or share liquidity?
What are the potential tax implications for investors purchasing the new shares at $46.65 per share?
How does the pricing of this offering reflect investor demand and pricing of comparable secondary offerings in the current market environment?
What impact could the offering have on Unitil's credit ratings and borrowing costs moving forward?
How does this offering compare to Unitil's historical equity offerings and to recent equity raises by peer utilities in the sector?
What are the expected uses of the proceeds from the offering and how will they impact Unitil's balance sheet and credit metrics?