Company: EGP
Filing Date: 2025-10-23
Form Type: 10-Q
Source: 0000049600-25-000109
Chunk: 9

Company: EASTGROUP PROPERTIES INC
Filing Date: 2025-10-23
Form: 10-Q
Item: Part I, Item 1
Chunk 9
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 VenturesTotal(In thousands, except share and per share data)BALANCE, DECEMBER 31, 2023$5 2,949,907 (366,473)24,888 307 2,608,634 Net income— — 58,644 — 14 58,658 Net unrealized change in fair value of interest rate swaps— — — 5,894 — 5,894 Common dividends declared — $1.27 per    share— — (61,125)— — (61,125)Stock-based compensation, net of    forfeitures— 4,147 — — — 4,147 Issuance of 272,342 shares of common    stock, common stock offering, net of    expenses— 49,294 — — — 49,294 Withheld 33,381 shares of common stock to    satisfy tax withholding obligations in    connection with the vesting of restricted   stock— (6,125)— — — (6,125)Withheld 68 shares of common stock to    satisfy tax withholding obligations in    connection with the issuance of common   stock— (13)— — — (13)Net distributions to noncontrolling interest— — — — (67)(67)Contributions from noncontrolling interest— — — — 62 62 BALANCE, MARCH 31, 20245 2,997,210 (368,954)30,782 316 2,659,359 Net income— — 55,287 — 14 55,301 Net unrealized change in fair value of interest rate swaps— — — (1,095)— (1,095)Common dividends declared — $1.27 per    share— — (61,889)— — (61,889)Stock-based compensation, net of    forfeitures— 2,644 — — — 2,644 Issuance of 639,299 shares of common stock,   common stock offering, net of expenses— 112,710 — — — 112,710 Withheld 57 shares of