Company: EGP
Filing Date: 2025-04-23
Form Type: 10-Q
Source: 0000049600-25-000065
Chunk: 9

Company: EASTGROUP PROPERTIES INC
Filing Date: 2025-04-23
Form: 10-Q
Item: Part I, Item 1
Chunk 9
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(403,172)21,953 365 3,292,544 Net income— — 59,423 — 14 59,437 Net unrealized change in fair value of interest rate swaps— — — (6,927)— (6,927)Common dividends declared — $1.40 per   share— — (73,309)— — (73,309)Stock-based compensation, net of   forfeitures— 4,791 — — — 4,791 Issuance of 418,373 shares of common   stock, common stock offering, net of   expenses— 72,849 — — — 72,849 Withheld 24,745 shares of common stock to   satisfy tax withholding obligations in    connection with the vesting of restricted   stock— (4,133)— — — (4,133)Withheld 14 shares of common stock to    satisfy tax withholding obligations in    connection with the issuance of common   stock— (3)— — — (3)Net distributions to noncontrolling interest— — — — (92)(92)BALANCE, MARCH 31, 2025$5 3,746,897 (417,058)15,026 287 3,345,157 

For the three months ended March 31, 2024:

Common SharesAdditional Paid-In CapitalDistributions in Excess of EarningsAccumulated Other Comprehensive IncomeNoncontrolling Interest in Joint 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