Corporate ActionJun 23, 2026, 05:02 PM
Entergy Settles $546M Underwritten Forward Sales, $126M ATM
AI Summary
Entergy Corporation announced the settlement of various forward sale agreements. The company physically settled a portion of its underwritten forward sale agreements, delivering 6,650,417 shares of Common Stock for approximately $546 million. Following this, 11,145,984 shares remain outstanding under these agreements, potentially yielding $915 million. Additionally, Entergy settled all its at the market (ATM) forward sale agreements, delivering 2,057,826 shares for approximately $126 million, with no remaining obligations under the ATM program.
Key Highlights
- Settled underwritten forward sale agreements for 6,650,417 shares of Common Stock.
- Received approximately $546 million in cash proceeds from underwritten forward sale settlements.
- Outstanding underwritten forward sale agreements for 11,145,984 shares remain.
- Potential proceeds of approximately $915 million from remaining underwritten agreements.
- Settled at the market (ATM) forward sale agreements for 2,057,826 shares of Common Stock.
- Received approximately $126 million in cash proceeds from ATM forward sale settlements.
- No outstanding ATM forward sale agreements remain after settlement.
Price Impact
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