American States Water Company Buyback
OLI recorded this information on 5/21/2015
American States Water Company
Share Amount Authorized:
American States Water Company (NYSE:AWR) announced today that its Board of Directors has approved a new stock repurchase program authorizing the Company to repurchase up to 1.2 million shares or approximately 3.2% of its outstanding common shares from time to time through June 30, 2017. The Company had previously approved a 1.25 million share buyback program in 2014 which was completed earlier this month.
American States Water is a holding company. Co. is the parent company of Golden State Water Company (GSWC) and American States Utility Services, Inc. (ASUS). Co. segments are: water, electric and contracted services. Within the segments, Co. has two principal business units: water and electric service utility operations conducted through GSWC, and contracted services conducted through ASUS and its subsidiaries. GSWC is engaged in the purchase, production, distribution and sale of water as well as distributes electricity in California. ASUS, through its subsidiaries has contracted with United States government to provide water and/or wastewater services at various military installations.
AWR SEC Filing Email Alerts Service
Open the AWR Page at The Online Investor »
Buy (3.00 out of 4)