EastGroup Properties Enters $1 Billion Sales Agreement

TradingView
2025.12.05 21:45
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EastGroup Properties announced a $1 billion sales agreement for its common stock on December 5, 2025. The agreement involves multiple sales agents and forward sellers, with sales possible via at-the-market offerings or negotiated transactions. Proceeds will be used for corporate purposes, including debt repayment. The previous sales program ended with $520.1 million unsold.

On December 5, 2025, EastGroup Properties announced a $1 billion sales agreement for its common stock.

Key Highlights:

  • Agreement includes multiple sales agents and forward sellers.
  • Sales can be made via at-the-market offerings or negotiated transactions.
  • Proceeds to be used for corporate purposes, including debt repayment.
  • Previous sales program terminated with $520.1 million unsold.

Original SEC Filing: EASTGROUP PROPERTIES INC [ EGP ] - 8-K - Dec. 05, 2025

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