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H2O America (HTO) Stock News, May-Jun 2025

HTO NASDAQ

H2O America reports developments as a NASDAQ-listed, investor-owned network of local water and wastewater utilities. The company operates through regional utilities including Connecticut Water, Maine Water, San Jose Water, and Texas Water, with a single reportable segment providing water utility and utility-related services.

Recurring HTO news includes quarterly and annual financial results, capital-plan updates, infrastructure investment for water supply systems, dividend declarations, common stock offerings with forward-sale components, and board governance changes. Company updates also describe service-connection growth and the operating role of its local utility subsidiaries.

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H2O America (NASDAQ:HTO) has announced that Willie Brown, the company's vice president and general counsel, has been appointed to the CalChamber board of directors effective May 5, 2025. Brown, who has been with H2O America since 2008, previously served as counsel and corporate secretary for various company subsidiaries and worked as an associate at Silicon Valley law firms. The California Chamber of Commerce Board comprises executives from leading state firms and industries, including small businesses, who are elected by CalChamber members. Brown expressed his commitment to supporting California businesses through CalChamber's resources and advocacy efforts.
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H2O America (NASDAQ:HTO) has appointed CFO Andrew F. Walters to its Board of Directors, effective July 1, 2025, expanding the board to ten directors. Walters, who will also become the company's next CEO following Eric W. Thornburg's retirement on June 30, 2025, brings extensive experience in utilities and financial leadership. As CFO since January 2022, he played a crucial role in the company's $1.1 billion acquisition of Connecticut Water Service in 2019. Prior to H2O America, Walters held significant positions at J.P. Morgan Asset Management and Citigroup. Under his leadership, H2O America has evolved into a national network serving 1.6 million people across four states.

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FAQ

What is the current stock price of H2O America (HTO)?

H2O America (HTO) last closed at $58.48.

What is the market cap of H2O America (HTO)?

The market cap of H2O America (HTO) is approximately $2.4B.