Recent Updates — ETR
Entergy Corporation physically settled its outstanding obligations under the 2025 Underwritten Forward Sale Agreements on September 2, 2026. The company delivered an aggregate of 11,145,984 shares of common stock in exchange for total cash proceeds of approximately $913 million. Following this settlement, Entergy has no remaining obligations under the agreements executed on March 17, 2025. The filing notes that other forward sale agreements remain outstanding from a May 5, 2026 offering related to $2.175 billion in debt. Entergy Corporation operates as an integrated electric utility company providing electricity and natural gas services primarily in the southeastern United States.
Entergy Corporation entered into an underwriting agreement on August 4, 2026, to sell $1.5 billion in aggregate principal amount of junior subordinated debentures. The issuance consists of two series: $750 million due December 15, 2056 (Series 2026A) and $750 million due December 15, 2058 (Series 2026B). Both series carry an initial fixed interest rate of 6.500%, which resets to the Five-Year Treasury Rate plus a spread after five years for Series 2026A and three years for Series 2026B, with a floor of 6.500%. The transaction closed on August 7, 2026. Entergy Corporation operates in the electric utility industry, providing electricity to customers primarily in Louisiana, Mississippi, Arkansas, Texas, and New York.
Entergy Corporation physically settled obligations under its ATM Forward Sale Agreements by delivering 2,057,826 shares for approximately $126 million in cash proceeds. The Company also settled a portion of its Underwritten Forward Sale Agreements by delivering 6,650,417 shares for approximately $546 million in cash proceeds. Entergy Corporation is an electric utility company providing energy services to customers in the Southern United States.
Entergy Corporation has amended its executive retirement and pension equalization plans to freeze benefits for CEO Andrew S. Marsh and other subsidiary CEOs if they depart the company after November 30, 2026. The amendments also reduce the age requirement for Mr. Marsh to receive early retirement benefits from 65 to 60.
Entergy Corporation held its 2026 Annual Meeting of Shareholders on May 8, 2026, where shareholders elected 12 directors and ratified Deloitte & Touche LLP as the independent auditor with 401,414,208 votes in favor. Shareholders also approved an advisory resolution on named executive officer compensation with 372,126,342 votes in favor and 11,027,101 votes against.
Entergy Corporation has closed a public offering and entered into forward sale agreements relating to an aggregate of 19,247,788 shares of its common stock. The transaction includes an underwriting option for an additional 2,887,168 shares and features an initial forward sale price of $110.74 per share.