Unitil prices public offering of 1.39M shares at $46.65 each, stock drops

2 hours ago 1
  • Unitil (NYSE:UTL) priced its previously announced public offering of 1,393,355 shares of its common stock at $46.65 per share.
  • The public utility holding company's shares fell 4.7% to $46.80 in post-market trading.
  • The offering is expected to close on August 18.

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