Press Releases

Year

May 11, 2018

SJW Group Board of Directors Issues Letter to Fellow SJW Group Stockholders

SJW Group (NYSE: SJW) today announced that its Board of Directors will be sending a letter to its fellow SJW Group stockholders regarding SJW Group’s Merger of Equals with Connecticut Water Service, Inc. (NASDAQ: CTWS) (“Connecticut Water”). The letter, which is included below, urges stockholders

May 10, 2018

SJW Group and Connecticut Water File Applications with Connecticut Public Utilities Regulatory Authority and Maine Public Utilities Commission for Approval of Merger of Equals

SJW Group (NYSE: SJW) and Connecticut Water Service, Inc. (NASDAQ: CTWS) (“Connecticut Water”) today announced that applications for the approval of their merger of equals were filed on Friday, May 4, 2018, with the Connecticut Public Utilities Regulatory Authority (“PURA”) and the Maine Public

May 2, 2018

SJW Group Comments on Cal Water’s Proxy Contest and Reaffirms Commitment to Merger of Equals with Connecticut Water

SJW Group (NYSE:SJW) today commented on California Water Service Group’s (NYSE: CWT) (“Cal Water”) launch of a proxy contest challenging SJW Group’s merger of equals with Connecticut Water Service, Inc. (NASDAQ: CTWS) (“Connecticut Water”). Robert A. Van Valer, the lead independent director of SJW

April 30, 2018

SJW Group and Connecticut Water Announce Early Termination of Hart-Scott-Rodino Waiting Period for Merger of Equals

SJW Group (NYSE: SJW) and Connecticut Water Service, Inc. (NASDAQ: CTWS) today announced that the Federal Trade Commission has granted early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, with respect to the companies’ merger of equals.

April 26, 2018

SJW Group Rejects Unsolicited Non-Binding Indication of Interest from California Water Service Group

SJW Group (NYSE:SJW) confirmed today that it has rejected an unsolicited, non-binding indication of interest it received from California Water Service Group (NYSE: CWT) (“Cal Water”) regarding a potential proposal to acquire all issued and outstanding shares of SJW Group for $68.25 per share in

April 26, 2018

SJW Group Announces Quarterly Dividend

SJW Group (NYSE: SJW) today announced that the Board of Directors declared a quarterly dividend on common stock of $0.28 per share. The dividend is payable on June 1, 2018, to shareholders of record at the close of business on May 7, 2018. Dividends have been paid on SJW Group’s and its

April 25, 2018

SJW Group Announces 2018 First Quarter Financial Results

SJW Group (NYSE: SJW) today reported financial results for the first quarter ended March 31, 2018. SJW Group net income was $1.3 million for the quarter ended March 31, 2018, compared to $3.7 million for the same period in 2017. Diluted earnings per share were $0.06 and $0.18 for the quarters ended

April 19, 2018

SJW Group Remains Committed to Merger of Equals with Connecticut Water and its Potential to Create Significant Long-Term Value for Shareholders

SJW Group (NYSE: SJW) today issued the following statement regarding Connecticut Water Service, Inc.’s (NASDAQ: CTWS) receipt and rejection of an unsolicited, non-binding indication of interest from Eversource Energy (NYSE: ES) regarding a potential proposal to acquire Connecticut Water.

April 16, 2018

SJW Group Sets Date for Release of First Quarter 2018 Financial Results

SJW Group (NYSE:SJW) today announced that the Company will release its first quarter 2018 financial results after the close of the market on April 25, 2018. Eric W. Thornburg, President and Chief Executive Officer, and James P. Lynch, Chief Financial Officer and Treasurer, will review the results

March 15, 2018

SJW Group And Connecticut Water Service, Inc. To Combine In All-Stock Transaction To Create Leading Water Utility Company

Combined Company to be 3rd Largest Investor-Owned Water and Wastewater Utility in the United States; Multi-State Presence with Corporate Headquarters in San Jose, CA and New England Headquarters in Clinton, CT New Company Positioned to Drive Growth, Serve Customers and Create Opportunities for

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