York Water prices $43M common stock offering at $28.50/share

The York Water Company announced the pricing of its underwritten public offering of common stock. The company priced 1,521,739 shares at $28.50 per share, expecting approximately $43 million in gross proceeds. The net proceeds will be used for general corporate purposes, including capital investment, debt repayment, and potential acquisitions. Underwriters have a 30-day option to purchase up to 228,261 additional shares.