Watts Water files $300 million shelf

By Ted A. Knutson

Washington, May 4 - Watts Water Technologies, Inc. filed a $300 million shelf in an S-3 registration with the Securities and Exchange Commission.

The filing allows the company to issue class A common stock, preferred stock, debt securities, warrants, depositary shares, stock purchase contracts and units and convertibles.

The North Andover, Mass.-based plumbing equipment manufacturer said offerings authorized by the shelf would be used for general corporate purposes.

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