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Connecticut Water Service Inc (CTWS.OQ)

CTWS.OQ on NASDAQ Stock Exchange Global Select Market

66.97USD
23 Jan 2019
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Latest Key Developments (Source: Significant Developments)

Maine Water Company Voluntarily Withdraws Its Application For Reorganization In Maine
Wednesday, 23 Jan 2019 

Jan 23 (Reuters) - Connecticut Water Service Inc ::MAINE WATER COMPANY VOLUNTARILY WITHDRAWS ITS APPLICATION FOR REORGANIZATION IN MAINE TO ALIGN WITH REGULATORY APPROACH IN CONNECTICUT IN CONNECTION WITH PROPOSED MERGER OF SJW GROUP AND CONNECTICUT WATER.CONNECTICUT WATER SERVICE INC - SJW GROUP AND CONNECTICUT WATER MERGER AGREEMENT REMAINS IN EFFECT.CONNECTICUT WATER SERVICE - "COMPANIES NOTED THAT WITHDRAWAL IS WITHOUT PREJUDICE AND THEY RESERVE RIGHT TO REFILE THEIR PETITION".CONNECTICUT WATER SERVICE INC - MAINE WATER VOLUNTARILY REQUESTED TO WITHDRAW ITS APPLICATION BEFORE MAINE PUBLIC UTILITIES COMMISSION.CONNECTICUT WATER SERVICE INC - SJW GROUP AND CONNECTICUT WATER ARE REVIEWING OPTIONS AFTER MAINE WATER CO WITHDRAWAL.  Full Article

SJW, Connecticut Water Continue To Evaluate Regulatory Approach Regarding Proposed Merger
Wednesday, 9 Jan 2019 

Jan 9 (Reuters) - SJW Group ::SJW GROUP AND CONNECTICUT WATER CONTINUE TO EVALUATE REGULATORY APPROACH IN CONNECTION WITH PROPOSED MERGER AND WITHDRAW CONNECTICUT PURA APPLICATION.SJW GROUP - CO & CONNECTICUT WATER'S MERGER AGREEMENT REMAINS IN EFFECT.SJW GROUP - CO, CONNECTICUT WATER EVALUATING POSSIBILITY OF SUBMITTING NEW APPLICATION TO CONNECTICUT PURA IN CONNECTION WITH PROPOSED MERGER.  Full Article

Connecticut Water Service says On Dec 14, Co,Citizens Bank Agreed To Increase Amount Of Line Of Credit From $45 mln To $75 mln
Monday, 17 Dec 2018 

Dec 17 (Reuters) - Connecticut Water Service Inc ::CONNECTICUT WATER SERVICE- ON DEC 14, CO AND CITIZENS BANK AGREED TO INCREASE THE AMOUNT OF THE LINE OF CREDIT FROM $45 MILLION TO $75 MILLION - SEC FILING.CONNECTICUT WATER SERVICE- ON DEC 14, CO AND CITIZENS AGREED TO EXTEND MATURITY DATE OF LINE OF CREDIT UNTIL DEC 14, 2023.  Full Article

Connecticut Water Service Inc Declares Dividend
Monday, 19 Nov 2018 

Nov 19 (Reuters) - Connecticut Water Service Inc ::CONNECTICUT WATER SERVICE, INC. BOARD APPROVES $85.7 MILLION CAPITAL SPENDING PLAN FOR 2019 AND DECLARES DIVIDEND.CONNECTICUT WATER SERVICE INC - 2019 CAPITAL SPENDING PLAN REPRESENTS AN INCREASE OF $19.5 MILLION, OR 29.5 PERCENT, COMPARED TO 2018'S APPROVED PLAN.CONNECTICUT WATER SERVICE INC - APPROVED AN OVERALL $85.7 MILLION CAPITAL SPENDING PLAN FOR 2019 FOR ITS REGULATED PUBLIC WATER AND WASTEWATER UTILITIES.CONNECTICUT WATER SERVICE-UNDER 2019 CAPITAL SPENDING PLAN, $70.0 MILLION WILL BE ALLOCATED TO CO'S CONNECTICUT SUBSIDIARIES AND $15.8 MILLION TO MAINE WATER.CONNECTICUT WATER SERVICE INC - CAPITAL SPENDING PLAN ALSO INCLUDES $12.0 MILLION FOR TREATMENT IMPROVEMENTS.CONNECTICUT WATER SERVICE INC - ALSO DECLARED A QUARTERLY CASH DIVIDEND OF $0.3125 PER COMMON SHARE.  Full Article

Connecticut Water Service Q3 Earnings $1.13 Per Share
Friday, 9 Nov 2018 

Nov 9 (Reuters) - Connecticut Water Service Inc ::CONNECTICUT WATER SERVICE INC REPORTS THIRD QUARTER 2018 RESULTS.Q3 REVENUE $39.3 MILLION.QTRLY DILUTED EARNINGS PER AVERAGE COMMON SHARE $1.13.  Full Article

Pura Approves Rate Settlement Agreement For Connecticut Water
Monday, 20 Aug 2018 

Aug 20 (Reuters) - Connecticut Water ::PURA APPROVES RATE SETTLEMENT AGREEMENT FOR CONNECTICUT WATER.CONNECTICUT WATER - WATER BILLS UNDER NEW RATES WILL INCREASE BY ABOUT 8 CENTS/DAY FOR RESIDENTIAL CUSTOMER USING AVERAGE 15,000 GALLONS OF WATER/QUARTER.CONNECTICUT WATER - TO MINIMIZE IMPACT ON MUNICIPAL BUDGETS, THERE WILL BE NO CHANGE IN RATES CHARGED FOR PUBLIC FIRE SERVICE.CONNECTICUT WATER - ON AUG. 15 RECEIVED APPROVAL FROM PURA ON A SETTLEMENT AGREEMENT DEVELOPED BETWEEN CO & STATE'S CONSUMER ADVOCATE AT OCC.  Full Article

Connecticut Water Service Inc Qtrly EPS $0.39
Thursday, 9 Aug 2018 

Aug 9 (Reuters) - Connecticut Water Service Inc ::CONNECTICUT WATER SERVICE INC QTRLY EARNINGS PER SHARE $0.39.CONNECTICUT WATER SERVICE INC - QTRLY OPERATING REVENUES $29.9 MILLION VERSUS $27.9 MILLION.  Full Article

Connecticut Water Service Says It Has Not Changed Recommendation Regarding SJW Group Merger
Monday, 16 Jul 2018 

July 16 (Reuters) - Connecticut Water Service Inc ::CONNECTICUT WATER SERVICE SAYS BOARD HAS NOT CHANGED ITS RECOMMENDATION REGARDING SJW GROUP MERGER.  Full Article

SJW Group Clarifies Anticipated Regulatory Timeline To Complete Deal With Connecticut Water
Friday, 13 Jul 2018 

July 13 (Reuters) - SJW Group ::SJW GROUP CLARIFIES ANTICIPATED REGULATORY TIMELINE TO COMPLETE MERGER WITH CONNECTICUT WATER.SJW GROUP - TRANSACTION WITH CONNECTICUT WATER REMAINS ON TRACK TO CLOSE DURING Q4 2018.  Full Article

Connecticut Water Service Rejects Revised Eversource Proposal
Friday, 13 Jul 2018 

July 13 (Reuters) - Connecticut Water Service ::CONNECTICUT WATER SERVICE CONFIRMS RECEIPT AND EVALUATION OF REVISED ACQUISITION PROPOSAL FROM EVERSOURCE ENERGY.EVERSOURCE'S REVISED $64.00 PER SHARE PROPOSAL REPRESENTS BELOW 1% INCREASE FROM PREVIOUSLY REJECTED PROPOSAL.BELIEVES ANY CHANGE-OF-CONTROL ACQUISITION PROPOSAL SHOULD EXCEED $69.50 PER SHARE.FOLLOWING COMPREHENSIVE REVIEW, CONNECTICUT WATER SERVICE BOARD UNANIMOUSLY REJECTS EVERSOURCE'S REVISED PROPOSAL.REITERATES WILLINGNESS TO CONSIDER PROPOSAL SUPERIOR TO SJW GROUP'S MERGER OF EQUALS .  Full Article

CalWater ends SJW pursuit, clearing way for Connecticut Water deal

NEW YORK California Water Service Group ended its pursuit of SJW Group on Friday, clearing the way for SJW's chief executive to move ahead with the $1.1 billion acquisition of a Connecticut-based water utility that he ran until last year.