Prologis sets up $5 billion at-the-market stock sale program, replacing 2020 agreement
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.
Key points
- 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
The filing
Written by AI on Nov 7, 2026, 11:17 PM ET, from this filing only.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.