other material
confidence high
sentiment neutral
materiality 0.30
Middlesex Water offers 3% discount on Investment Plan stock purchases through Dec 1 or 200k shares
MIDDLESEX WATER CO
- 3% discount on common stock purchased via Middlesex Water Investment Plan, effective March 1, 2023.
- Discount continues until 200,000 shares are purchased or December 1, 2023, whichever occurs first.
- Purchase price set at 97% of fair market value on purchase dates per Plan Prospectus.
- Proceeds fund Water For Tomorrow infrastructure capital projects.
- New investors may enroll with a $500 minimum initial investment.