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American Water Works Company Announces Stock Purchase by Employee Benefit Plans.


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VOORHEES Voorhees may mean: Places
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, N.J.--(BUSINESS WIRE)--March 3, 2000

American American, river, 30 mi (48 km) long, rising in N central Calif. in the Sierra Nevada and flowing SW into the Sacramento River at Sacramento. The discovery of gold at Sutter's Mill (see Sutter, John Augustus) along the river in 1848 led to the California gold rush of  Water Works Company announced today that it and the trustees of its Employees Stock Ownership Plan and Savings Plan for Employees will make open market purchases of up to 500,000 shares of the Company's common stock.

Purchases will be made during the coming year at prevailing market prices to satisfy the obligations under those plans.

American Water Works Company is the largest and most geographically ge·o·graph·ic   also ge·o·graph·i·cal
adj.
1. Of or relating to geography.

2. Concerning the topography of a specific region.



ge
 diverse investor-owned water utility business in the U.S. The Company's utility subsidiaries and affiliates now serve approximately ap·prox·i·mate  
adj.
1. Almost exact or correct: the approximate time of the accident.

2.
 10 million people in 23 states.

This release may contain certain forward looking statements involving known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied Inferred from circumstances; known indirectly.

In its legal application, the term implied is used in contrast with express, where the intention regarding the subject matter is explicitly and directly indicated.
 by such forward looking statements.

These factors include, among others, the following: general economic and business conditions; competition; success of operating initiatives, advertising and promotional efforts; existence of adverse publicity or litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute.

When a person begins a civil lawsuit, the person enters into a process called litigation.
; changes in business strategy or plans; quality of management; business ability and judgement of personnel; availability, terms and development of capital; and changes in, or the failure to comply with governmental regulations.
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Publication:Business Wire
Geographic Code:1USA
Date:Mar 3, 2000
Words:208
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