Entergy prices 19,247,788-share common stock offering at USD 113 per share
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Entergy Corporation ETR | 0.00 |
- Entergy priced registered underwritten offering of 19,247,788 common shares at USD 113 per share, structured with forward sale agreements.
- Forward counterparties expected to borrow shares from third parties for sale into offering; closing expected on or about May 7, 2026.
- Forward sale agreements cover 19,247,788 shares; settlement expected on or prior to April 30, 2028, with cash or net share settlement available.
- Underwriters hold 30-day option to buy up to 2,887,168 additional shares; Entergy expects additional forward sale agreements if option exercised.
- Physical settlement proceeds earmarked for general corporate purposes, including repayment of commercial paper, revolver borrowings, or other debt.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Entergy Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: 202605052313PR_NEWS_USPR_____DA52423) on May 06, 2026, and is solely responsible for the information contained therein.
