IDACORP enters up to $300 million at-the-market common stock sale agreement
On May 20, 2024, IDACORP entered an equity distribution agreement covering the sale of common stock with an aggregate gross sale price of up to $300 million, including shares sold under forward sale agreements. The company has no obligation to sell any shares, and actual sales will depend on market conditions and its funding needs. At its May 16, 2024 annual meeting, shareholders elected all 10 director nominees and approved the advisory executive compensation proposal and the ratification of Deloitte & Touche LLP.
Key points
- Equity distribution agreement covers up to $300 million aggregate gross sale price of common stock, including shares under forward sale agreements.
- Company will pay commissions of up to 1.250% to each Manager and each Forward Seller; it will not initially receive proceeds from borrowed shares sold by a Forward Seller.
- Six Master Forward Sale Confirmations, each dated May 20, 2024, were entered with the Forward Purchasers.
- At the May 16, 2024 annual meeting, all 10 director nominees were elected, and the executive compensation and Deloitte ratification proposals were approved.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:17 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 20, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.