VOORHEES, N.J.--(BUSINESS WIRE)--American
Water Works Company Inc. (NYSE: AWK), the nation’s largest publicly
traded water and wastewater utility company, announced today it will be
added to the S&P 500 after the close of trading on Thursday, March 3,
2016. The changes will be effective with the opening of trading on
Friday, March 4, 2016.
“Being included in the S&P 500, as the only water utility, is a
tremendous honor for American Water. It is a recognition of our ability
to deliver on our operating strategies and provide value to our
customers, communities and shareholders. This is quite an achievement
for our company, which went public again in 2008. It is a direct
reflection of the dedication and expertise of our 6,700 employees who
are committed to American Water’s mission of providing safe, clean,
affordable and reliable water services to the communities we serve every
day,” said Susan Story, President and Chief Executive Officer, American
Water.
The S&P 500® is widely regarded as the best gauge of large-cap U.S.
equities. There is over USD 7.8 trillion benchmarked to the index, with
index assets comprising approximately USD 2.2 trillion of this total.
The index includes 500 leading companies and captures approximately 80
percent coverage of available market capitalization. To learn more about
the S&P 500, please visit www.spdji.com.
Founded in 1886, American Water is the largest publicly traded U.S.
water and wastewater utility company. Marking its 130th anniversary this
year, the company employs more than 6,700 dedicated professionals who
provide regulated and market-based drinking water, wastewater and other
related services to an estimated 15 million people in 47 states and
Ontario, Canada. More information can be found at www.amwater.com.
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