AI English summary of an SEC filing — figures as filed
Entergy has an at-the-market equity distribution program under its Equity Distribution Sales Agreement dated January 11, 2021, as amended by the First Amendment dated May 6, 2024, covering common stock with an aggregate gross sales price of up to $4,000,000,000.
Key points
AI summaryEntergy has an at-the-market equity distribution program under its Equity Distribution Sales Agreement dated January 11, 2021, as amended by the First Amendment dated May 6, 2024, covering common stock with an aggregate gross sales price of up to $4,000,000,000.
Entergy said it physically settled all of its obligations under the Forward Sale Agreements on May 13, 2025, delivering 15,560,474 shares of common stock for total cash proceeds of about $806 million.
Entergy said forward sale agreements covering 30,160,621 shares of common stock remain outstanding after the settlement on May 13, 2025, and that physical settlement on that same date would generate proceeds of about $2.3 billion.
Entergy said it entered into six supplemental confirmations with BNP Paribas, Bank of America, N.A., Mizuho Markets Americas LLC and The Bank of Nova Scotia under the Master Forward Confirmations, dated from January 2, 2024 to June 27.
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.
Common Stock At-the-Market Program With Aggregate Gross Sales Price of Up to $4,000,000,000
Entergy has an at-the-market equity distribution program under its Equity Distribution Sales Agreement dated January 11, 2021, as amended by the First Amendment dated May 6, 2024, covering common stock with an aggregate gross sales price of up to $4,000,000,000.
Source · Based on the filing body and exhibits
Physical Settlement of May 13, 2025 Forward Sale Agreements
Entergy said it physically settled all of its obligations under the Forward Sale Agreements on May 13, 2025, delivering 15,560,474 shares of common stock for total cash proceeds of about $806 million.
Source · Based on the filing body and exhibits
Forward Sale Agreements for 30,160,621 Shares Remain After Settlement
Entergy said forward sale agreements covering 30,160,621 shares of common stock remain outstanding after the settlement on May 13, 2025, and that physical settlement on that same date would generate proceeds of about $2.3 billion.
Source · Based on the filing body and exhibits
Structure and Term of Forward Sale Agreements
Entergy said it entered into six supplemental confirmations with BNP Paribas, Bank of America, N.A., Mizuho Markets Americas LLC and The Bank of Nova Scotia under the Master Forward Confirmations, dated from January 2, 2024 to June 27.
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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