Entergy Corp Settles 2025 Forward Stock Sale, Receives ~$913M

What Happened

• Entergy Corporation announced on September 2, 2026 that it physically settled its outstanding obligations under the March 17, 2025 underwritten forward sale agreements by delivering 11,145,984 shares of common stock in exchange for approximately $913 million in cash. After this settlement, Entergy has no remaining obligations under the 2025 forward sale agreements.
• The company also disclosed it still has underwritten forward sale agreements executed May 5, 2026 in connection with a registered underwritten offering of $2.175 billion, covering an aggregate of 19,247,788 shares of common stock.

Key Details

• Original 2025 agreements covered 17,796,401 shares of Entergy common stock (par value $0.01).
• On Sept 2, 2026 Entergy delivered 11,145,984 shares and received about $913 million in cash.
• After the Sept 2 settlement, there are no outstanding obligations under the 2025 forward sale agreements.
• Separately, May 5, 2026 forward sale agreements remain outstanding tied to a $2.175 billion registered offering (19,247,788 shares).

Why It Matters

• The settlement converted prior forward sale obligations into actual share issuance and cash proceeds, affecting Entergy’s share count and liquidity position.
• Investors should note the company eliminated its 2025 forward sale obligations but still has potential future share issuance tied to the May 5, 2026 agreements, which could be dilutive when settled.
• This filing is a financing and capital-structure update—useful context when evaluating Entergy’s funding, cash flow, and potential near-term share dilution.