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United States

Connecticut Water Service Inc (CTWS.OQ)

CTWS.OQ on NASDAQ Stock Exchange Global Select Market

63.87USD
22 May 2018
Change (% chg)

$-0.02 (-0.03%)
Prev Close
$63.89
Open
$63.74
Day's High
$63.93
Day's Low
$63.74
Volume
2,779
Avg. Vol
29,588
52-wk High
$69.48
52-wk Low
$48.99

Latest Key Developments (Source: Significant Developments)

SJW Group Board Of Directors Issues Letter To Fellow SJW Group Stockholders
Friday, 11 May 2018 07:00am EDT 

May 11 (Reuters) - SJW Group ::SJW GROUP BOARD OF DIRECTORS ISSUES LETTER TO FELLOW SJW GROUP STOCKHOLDERS.SJW GROUP - BOARD UNANIMOUSLY REAFFIRMED ITS COMMITMENT TO MERGER OF EQUALS WITH CONNECTICUT WATER.SJW GROUP - URGE YOU TO VOTE ON GREEN CARD FOR ALL PROPOSALS RELATED TO MERGER OF EQUALS WITH CONNECTICUT WATER.  Full Article

SJW Group And Connecticut Water File Applications For Approval Of Merger Of Equals
Monday, 7 May 2018 04:30pm EDT 

May 7 (Reuters) - Connecticut Water Service Inc ::SJW GROUP AND CONNECTICUT WATER FILE APPLICATIONS WITH CONNECTICUT PUBLIC UTILITIES REGULATORY AUTHORITY AND MAINE PUBLIC UTILITIES COMMISSION FOR APPROVAL OF MERGER OF EQUALS.SJW GROUP - TRANSACTION WITH CONNECTICUT WATER SERVICE IS EXPECTED TO CLOSE DURING Q4 OF 2018.  Full Article

Connecticut Water Service - Under Deal Termination Under Specified Circumstances Co To Be Required To Pay SJW Group Cash Termination Fee Of $28.1 Mln
Thursday, 15 Mar 2018 08:04am EDT 

March 15 (Reuters) - Connecticut Water Service Inc ::CONNECTICUT WATER SERVICE - UNDER DEAL TERMINATION UNDER SPECIFIED CIRCUMSTANCES CO TO BE REQUIRED TO PAY SJW GROUP CASH TERMINATION FEE OF $28.1 MILLION.CONNECTICUT WATER SERVICE - IF DEAL WITH SJW GROUP TERMINATED UNDER SPECIFIED CIRCUMSTANCES, SJW WILL BE REQUIRED TO PAY CO CASH FEE OF $42.5 MILLION.  Full Article

SJW Group And Connecticut Water Service To Combine In All-Stock Deal Of About $750 Mln In Aggregate
Thursday, 15 Mar 2018 07:00am EDT 

March 15 (Reuters) - Connecticut Water Service Inc ::SJW GROUP AND CONNECTICUT WATER SERVICE, INC. TO COMBINE IN ALL-STOCK TRANSACTION TO CREATE LEADING WATER UTILITY COMPANY.CONNECTICUT WATER SERVICE INC - DEAL FOR $61.86 PER SHARE, OR ABOUT $750 MILLION IN AGGREGATE.CONNECTICUT WATER SERVICE INC - DEAL ‍EXPECTED TO BE ACCRETIVE TO BOTH COMPANIES' EPS IN FIRST FISCAL YEAR POST-CLOSING​.CONNECTICUT WATER SERVICE - ‍CO SHAREHOLDERS WILL RECEIVE 1.1375 SHARES OF SJW GROUP STOCK FOR EACH SHARE OF CONNECTICUT WATER COMMON STOCK THEY OWN​.CONNECTICUT WATER SERVICE - CO TO GET 1.1375 SHARES OF SJW GROUP COMMON STOCK FOR EACH SHARE OF CONNECTICUT WATER COMMON STOCK THEY OWN​.CONNECTICUT WATER SERVICE INC - UPON CLOSING OF TRANSACTION, BOARD OF DIRECTORS OF COMBINED COMPANY WILL CONSIST OF 12 DIRECTORS.CONNECTICUT WATER SERVICE INC - ‍SJW GROUP SHAREHOLDERS WILL OWN APPROXIMATELY 60 PERCENT OF COMBINED COMPANY​.CONNECTICUT WATER SERVICE INC - BOTH COMPANIES EXPECT TO MAINTAIN EXISTING DIVIDEND PAYMENTS UNTIL TRANSACTION IS COMPLETED.CONNECTICUT WATER SERVICE - ‍COMBINATION IS EXPECTED TO BE ACCRETIVE TO EACH CO'S STANDALONE EPS IN FIRST FISCAL YEAR POST-CLOSING​.CONNECTICUT WATER SERVICE - ERIC THORNBURG WILL SERVE AS CHAIRMAN, PRESIDENT AND CEO OF NEWLY-MERGED COMPANY.CONNECTICUT WATER SERVICE INC - SEVEN DIRECTORS WILL BE APPOINTED BY SJW GROUP AND FIVE DIRECTORS BY CONNECTICUT WATER ON BOARD OF COMBINED CO.  Full Article

Connecticut Water Service Names David Benoit CEO
Wednesday, 7 Mar 2018 03:45pm EST 

March 7 (Reuters) - Connecticut Water Service Inc ::CONNECTICUT WATER SERVICE INC. NAMES DAVID C. BENOIT PRESIDENT AND CEO AND ROBERT J. DOFFEK CHIEF FINANCIAL OFFICER, TREASURER AND CONTROLLER.CONNECTICUT WATER SERVICE INC - ‍RICHARD KNOWLTON WILL CONTINUE AS PRESIDENT OF COMPANY'S MAINE OPERATING SUBSIDIARY, MAINE WATER COMPANY​.  Full Article

Connecticut Water Service reports Q3 EPS of $0.92
Wednesday, 8 Nov 2017 02:35pm EST 

Nov 8 (Reuters) - Connecticut Water Service Inc ::Connecticut Water Service, Inc. reports third-quarter and nine-month earnings.Q3 earnings per share $0.92.Q3 revenue $33.5 million.  Full Article

Eric Thornburg resigns as CEO of Connecticut Water Service
Thursday, 28 Sep 2017 07:00pm EDT 

Sept 28 (Reuters) - Connecticut Water Service Inc :Connecticut Water Service Inc announces leadership changes.Accepted resignation of Eric W. Thornburg as chairman, president and CEO of company.Richard Knowlton will remain president of company's Maine operating subsidiary, Maine Water Company.Appointed David C. Benoit to serve as interim president and CEO of company.  Full Article

CONNECTICUT WATER SERVICE INC Q1 EARNINGS PER SHARE $0.36
Monday, 8 May 2017 02:47pm EDT 

May 8 (Reuters) - Connecticut Water Service Inc :CONNECTICUT WATER SERVICE, INC. REPORTS 2017 FIRST-QUARTER EARNINGS.Q1 REVENUE $24.2 MILLION.Q1 EARNINGS PER SHARE $0.36.Q1 EARNINGS PER SHARE VIEW $0.37 -- THOMSON REUTERS I/B/E/S.  Full Article

Avon Water Company to join Connecticut Water
Wednesday, 12 Oct 2016 08:16am EDT 

Connecticut Water Service Inc : Avon Water Company to join Connecticut Water . Connecticut Water Service deal provides for payment of stock consideration of about $26.2 million and cash payment of $6.2 million for total of $32.4 million .Transaction reflects a total enterprise value of approximately $36.6 million.  Full Article

Connecticut Water Service reports Q2 earnings per share $0.90
Tuesday, 9 Aug 2016 09:00am EDT 

Connecticut Water Service Inc : Q2 earnings per share $0.90 .Qtrly total revenues $27.6 million versus $28.4 million.  Full Article

BRIEF-Connecticut Water Service - Cash Dividend On Common Shares Increased To $0.3125 Per Quarter

* CONNECTICUT WATER SERVICE INC - CASH DIVIDEND ON COMMON SHARES WAS INCREASED TO $0.3125 PER QUARTER FROM $0.2975 PER COMMON SHARE Source text for Eikon: Further company coverage: