Unitil Closes Common Stock Offering and Full Exercise of Underwriters’ Over-Allotment Option - Candlesense
UTL Stock offering

Unitil Closes Common Stock Offering and Full Exercise of Underwriters’ Over-Allotment Option

HAMPTON, N.H., Aug. 18, 2025 (GLOBE NEWSWIRE) -- Unitil Corporation (NYSE: UTL) (unitil.com) (the “Company”) today announced that it has closed its previously announced public offering of 1,602,358 shares of its common stock at a price of $46.65 per share, which included the exercise in full of the underwriters’ over-allotment option.

Related Questions

How does the $46.65 offering price compare to recent trading levels and the company's valuation metrics? How will the additional 1,602,358 shares affect the supply-demand dynamics and price of UTL? What is the total capital raised from the offering and how does the company plan to allocate these funds?
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