Oct 30, 4:02 PM ET
Prologis entered into a new Equity Distribution Agreement on October 30, 2026, allowing it to sell up to $5 billion of common stock through an at-the-market offering. The agreement replaces its existing at-the-market program dated May 5, 2020, and the shares will be sold under an effective shelf registration statement. The filing does not state any shares sold so far, and it creates a mechanism that could dilute existing shareholders depending on how much stock is issued.
- Maximum aggregate offering price of up to $5,000,000,000 of common stock, par value $0.01 per share
- Agreement dated October 30, 2026, with Prologis, L.P. as co-party and a group of sales agents and forward purchasers
- Replaces the equity distribution agreement dated May 5, 2020
- Shares sold under shelf registration Form S-3 (No. 333-289636), effective August 15, 2025
Read the filing on SEC.gov ↗
Oct 15, 9:18 AM ET
Prologis reported third quarter 2026 results on October 15, 2026, with higher revenue, net earnings and Core FFO than a year earlier. The company also gave 2026 guidance of $6.25 to $6.29 per share for Core FFO, but the filing does not say whether that guidance changed from earlier levels.
- Total revenues were $2.39 billion for the quarter ended September 30, 2026, up from $2.21 billion a year earlier.
- Net earnings attributable to common stockholders were $816 million, or $0.86 per diluted share, compared with $763 million, or $0.82, in Q3 2025.
- 2026 guidance: Core FFO attributable to common stockholders/unitholders of $6.25 to $6.29 per share; net earnings of $4.05 to $4.15 per share.
Read the filing on SEC.gov ↗
Aug 4, 6:01 AM ET
On August 4, 2026, Prologis agreed to acquire SEGRO plc through a recommended offer implemented as a UK court-sanctioned scheme of arrangement. SEGRO shareholders would receive 0.0920 Prologis common shares per SEGRO share, with an option to take part of the consideration in cash, and the deal values SEGRO at about £14.0 billion. For Prologis shareholders, the issuance would dilute existing holders: SEGRO shareholders would hold about 8.9% of the combined group if the cash alternative is fully taken up, or about 11.5% if no cash elections are made.
- Terms: 0.0920 New Prologis Shares per SEGRO ordinary share; partial cash alternative capped at about £3.5 billion, with a basic entitlement of 258 pence cash plus 0.0690 shares
- Ownership: SEGRO holders would own about 8.9% of the combined group if cash is fully taken up, or about 11.5% with no cash elections
- Financing: Term Loan Credit Agreement of up to £3,575,000,000 with JPMorgan Chase Bank, N.A. as administrative agent, maturing one year after initial borrowing with two one-year extension options
- Timing: completion expected in the first half of 2027, subject to shareholder, court, antitrust and exchange listing conditions
Read the filing on SEC.gov ↗
Jul 16, 8:05 AM ET
Prologis reported second quarter 2026 results, with net earnings attributable to common stockholders of $1.13 per diluted share, up from $0.61 a year earlier, and core FFO of $1.63 per share, up from $1.46. Total revenues rose to $2.43 billion from $2.18 billion, and the company kept its 2026 guidance range for core FFO of $6.22 to $6.30 per share in the supplemental materials.
- Q2 2026 net earnings attributable to common stockholders: $1.06 billion, or $1.13 per diluted share, versus $570 million, or $0.61, in Q2 2025
- Q2 2026 core FFO attributable to common stockholders/unitholders: $1.63 per diluted share, versus $1.46 in Q2 2025
- Q2 2026 total revenues: $2.43 billion, versus $2.18 billion in Q2 2025
- 2026 guidance: core FFO of $6.22 to $6.30 per share; net earnings of $4.40 to $4.55 per share
Read the filing on SEC.gov ↗
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.
