regulatory
confidence high
sentiment neutral
materiality 0.60
Kentucky-American Water files $17.7M rate case; shareholders approve charter amendment, equity plan
American Water Works Company, Inc.
- Kentucky-American Water filed rate request seeking $17.7M annualized incremental revenue, based on 10.75% ROE and $108M capex.
- Proposed interim rates effective Dec 16, 2026; final order expected Q1 2027, subject to KPSC approval.
- Shareholders approved amendment to charter to exculpate officers per Delaware law; effective May 14, 2026.
- Shareholders approved amended 2017 Omnibus Equity Plan (7,180,623 share limit) and amended ESPP (15% discount).
- All 10 director nominees elected; advisory say-on-pay passed; PwC ratified as auditor.
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