American Water and Essential Utilities Shareholders Approve Merger-Related Proposals at Special Shareholder Meetings

Photo Credit: American Water

CAMDEN, N.J. and BRYN MAWR, Pa. -- American Water Works Company, Inc. (NYSE: AWK) ("American Water") and Essential Utilities, Inc. (NYSE: WTRG) ("Essential Utilities") announced that, at their respective special shareholder meetings held earlier today, each company's shareholders overwhelmingly approved the proposals related to their previously announced proposed merger, based on final voting results reported by each company on a Current Report on Form 8‑K filed with the U.S. Securities and Exchange Commission.

Shareholders of both companies expressed strong confidence in this transaction, as approximately 99% of American Water's shares present at the meeting voted to approve the share issuance, and nearly 95% of Essential Utilities' shares voted were cast in support of the merger. 

The merger is expected to close by the end of the first quarter of 2027, but remains subject to customary closing conditions, including, among others, clearance under the Hart-Scott-Rodino Act, and required regulatory approvals, including approval from applicable public utility commissions.

For additional details regarding the transaction, please visit americanwateressentialutilitiesmerger.com