Mueller Water stockholders approve conversion of series B shares into series A shares

By Jennifer Chiou

New York, Jan. 28 - Mueller Water Products, Inc. announced that its stockholders approved a proposal to simplify the company's capital structure by converting its series B common stock into its series A common stock.

As a result of the one-for-one conversion, trading of the series B common stock on the New York Stock Exchange was expected to cease prior to the open of trading on Thursday.

The company noted that all stockholders will have the same economic ownership of Mueller Water Products that they had prior to the conversion.

Atlanta-based Mueller Water Products manufactures infrastructure and flow-control products for water distribution networks and treatment facilities.

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