The Southern Company said it entered into a Distribution Agreement with Barclays Capital Inc., BofA Securities, Inc. and 12 other Sales Agents and 12 Forward Purchasers on May 3, 2024.

1. 01

   The Southern Company said it entered into a Distribution Agreement with Barclays Capital Inc., BofA Securities, Inc. and 12 other Sales Agents and 12 Forward Purchasers on May 3, 2024.

2. 02

   Southern Company said it may offer and sell shares of common stock with a par value of $5.00 per share from time to time through the Sales Agents, under the agreement.

3. 03

   The company said it may enter into forward stock purchase transactions with the Forward Purchasers under separate letter agreements (each a Forward Agreement). It said each Forward Purchaser will borrow shares from third parties and sell them through a Sales Agent acting as forward seller to hedge its Forward Agreement.

4. 04

   The company said the aggregate number of common shares sold under the agreement will not exceed 50,000,000 shares, and that the shares were registered under shelf registration statement No. 333-277138.

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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

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