UTL UNITIL CORP
Price Chart
Executive Summary
Unitil Corporation amended its distribution agreement to replace Janney Montgomery Scott LLC with Huntington Securities, Inc. as agent and forward purchaser for its at-the-market equity offering program of up to $50 million. The company also extended the termination date of its acquisition of Aquarion Water Company subsidiaries from February 23, 2026 to May 25, 2026.
Actionable Insight
Monitor for future ATM share issuances which could dilute existing shareholders; watch for closing of the Aquarion acquisition by the new May 25, 2026 deadline
Key Facts
- Unitil amended its distribution agreement to replace Janney Montgomery Scott LLC with Huntington Securities, Inc. as agent and forward purchaser
- The at-the-market offering program allows Unitil to sell up to $50 million of common stock
- The termination date for the Aquarion Water Company acquisition was extended from February 23, 2026 to May 25, 2026
- The amendments were filed under Item 1.01 of Form 8-K as material definitive agreements
Financial Impact
Up to $50 million in potential equity issuance through the ATM program
Risk Factors
- Potential shareholder dilution from ATM share issuances
- Risk that the Aquarion acquisition may not close by the extended deadline
Market Snapshot
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001193125-26-067209 |
| Document: d745372d8k.htm | 0001193125-26-067209 |
| Document: d745372dex21.htm | 0001193125-26-067209 |
| Document: 0001193125-26-067209-index-headers.html | 0001193125-26-067209 |
| Document: 0001193125-26-067209-index.html | 0001193125-26-067209 |
| Document: 0001193125-26-067209.txt | 0001193125-26-067209 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
May 27, 2026
18d ago
|
8-K
| $51.04 $50.13 | ▼ −1.78% | ▼ −2.10% | $51.91 (+1.70%) |
|
May 5, 2026
5w ago
|
8-K
| $49.28 $50.78 | ▲ +3.04% | ▲ +1.91% | $51.91 (+5.34%) |
|
Apr 29, 2026
6w ago
|
8-K
| $51.63 $48.82 | ▼ −5.45% | ▼ −8.56% | $51.91 (+0.53%) |
|
Apr 21, 2026
7w ago
|
Press Release
| $51.75 $52.99 | ▲ +2.40% | ▲ +1.31% | $51.91 (+0.31%) |
|
Feb 24, 2026
15w ago
|
8-K
| $51.84 $53.19 | ▲ +2.60% | ▲ +3.70% | $51.91 (+0.14%) |
US Market Status
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