Entergy Settles Forward Sale Agreements for $806 Million in Equity Proceeds
Entergy Corporation has completed the physical settlement of its outstanding obligations under a series of previously disclosed forward sale agreements. On May 13, the company delivered 15,560,474 shares of its common stock and received approximately $806 million in cash proceeds. This transaction is part of an ongoing $4 billion at-the-market equity distribution program. Following this settlement, Entergy retains forward sale agreements for an additional 30,160,621 shares, which would yield about $2.3 billion if settled under current terms.
ME NEWS
2025-05-14
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