H2O America has priced an underwritten public offering of 6.5 million equity units at $50 each, raising $325 million before expenses. The units include purchase contracts for future common stock and senior notes yielding 5.3%. The company granted underwriters an option to buy an additional 975,000 units, potentially increasing proceeds to $362.5 million. Proceeds will be used for general corporate purposes including acquisitions and debt repayment, with trading expected to begin on Nasdaq within 30 days after issuance.
H2O America (HTO) trades at USD 58.50 on Pluang as of Oct 30, 2026 10:51 WIB, down 5.34% in the last day. The stock's market cap stands at $2.99 billion with a dividend yield of 2.85%. This pricing of a new equity offering comes while the stock is near its 52-week high of $65.43, reflecting active investor interest with 100% buy orders on Pluang.
H2O America announced a public offering of 6.5 million equity units valued at $325 million, with an option for underwriters to buy an additional 975,000 units. Each unit includes a contract to purchase common stock in 2029 and a stake in senior notes...
H2O America reported Q3 2026 diluted EPS of $0.99, down from $1.27 in Q3 2025, impacted by higher share count due to stock issuance. The company completed the acquisition of Quadvest on October 1, expanding its Texas operations significantly. It narr...
