CHESAPEAKE UTILITIES CORPORATION ANNOUNCES $225 MILLION AT-THE-MARKET (ATM) EQUITY OFFERING PROGRAM
PR Newswire•01/10/2026•07:15 ET
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Key Highlights
- ➤$225 million ATM equity offering program established by Chesapeake Utilities (CPK)
- ➤Proceeds may fund capital expenditures, debt repayment, acquisitions, subsidiaries and working capital
- ➤Shares may be sold through NYSE transactions or forward sale agreements
CHESAPEAKE UTILITIES CORPORATION ANNOUNCES $225 MILLION AT-THE-MARKET (ATM) EQUITY OFFERING PROGRAM PR Newswire
DOVER, Del., Oct. 1, 2026 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) ("Chesapeake Utilities" or the "Company") today announced that it has established an at-the-market equity offering program (the "ATM Program") to sell shares of its common stock having an aggregate sales price of up to $225,000,000, from time to time through either the Managers (as defined below) or the Forward Sellers (as defined below) (including the shares that may be sold pursuant to forward sale agreements, the "Shares").
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