AI English summary of an SEC filing — figures as filed
The company said on February 18, 2025 that its notice under the Sales Agreement increased the aggregate gross sales price authorized under its at-the-market equity distribution program by $1,500,000,000.
Key points
AI summaryThe company said on February 18, 2025 that its notice under the Sales Agreement increased the aggregate gross sales price authorized under its at-the-market equity distribution program by $1,500,000,000.
It said that after giving effect to the increase and prior sales, common stock with an aggregate gross sales price of $1,890,198,698 remains available for issuance under the program.
Entergy said it expects to issue about $4.7 billion of equity through 2028 under the program or otherwise, as previously disclosed in its Form 10-K for the year ended December 31, 2024, including about $1.4 billion under previously executed forward sales agreements.
The company said it has no obligation to offer or sell any common stock under the Sales Agreement and may suspend offers at any time. It also said the offering is being made under Form S-3 (No. 333-233403), which became effective upon filing, and the prospectus supplement dated February 20, 2025.
Summary
AI-writtenAnalysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Entergy raises at-the-market equity program limit by $1,500,000,000
The company said on February 18, 2025 that its notice under the Sales Agreement increased the aggregate gross sales price authorized under its at-the-market equity distribution program by $1,500,000,000.
Source · Based on the filing body and exhibits
Remaining capacity under equity program at $1,890,198,698
It said that after giving effect to the increase and prior sales, common stock with an aggregate gross sales price of $1,890,198,698 remains available for issuance under the program.
Source · Based on the filing body and exhibits
Entergy expects to issue about $4.7 billion in equity through 2028
Entergy said it expects to issue about $4.7 billion of equity through 2028 under the program or otherwise, as previously disclosed in its Form 10-K for the year ended December 31, 2024, including about $1.4 billion under previously executed forward sales agreements.
Source · Based on the filing body and exhibits
No obligation to sell common stock; Form S-3 registration basis
The company said it has no obligation to offer or sell any common stock under the Sales Agreement and may suspend offers at any time. It also said the offering is being made under Form S-3 (No. 333-233403), which became effective upon filing, and the prospectus supplement dated February 20, 2025.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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