Company: EAI
Filing Date: 2025-02-18
Form Type: 10-K
Source: 0000065984-25-000012
Chunk: 588

Company: ENTERGY ARKANSAS, LLC
Filing Date: 2025-02-18
Form: 10-K
Item: Item 7
Chunk 588
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4569,844 May 2025$50.91$29,318$293March 20242,320,830 May 2025$50.73$119,153$1,192May 20242,556,832 July 2025$55.38$142,387$1,424May 20242,466,470 July 2025$54.05$134,396$1,344June 20242,140,006 July 2025$52.94$114,540$1,145August 20242,225,832 October 2025$57.67$130,393$1,304August 20243,466,772 October 2025$58.84$205,454$2,055September 20243,069,070 October 2025$60.14$186,266$1,863September 2024888,756 October 2025$64.22$57,702$577(a)Forward prices were updated with the counterparties as of December 13, 2024 in response to the stock split which was deemed an adjustment event.No amounts are recorded on Entergy’s balance sheet with respect to the equity offerings until settlements of the equity forward sale agreements occur.The forward sale agreements require Entergy Corporation to, at its election prior to the maturity date, either (i) physically settle the transactions by issuing the total shares of common stock per the respective forward sale agreement to the forward counterparties in exchange for net proceeds at the then-applicable forward sale price specified by the respective agreement (initial forward sale price) or (ii) net settle the transactions in whole or in part through the delivery or receipt of cash or shares.  Each forward sale price is subject to adjustment on a daily basis based on a floating interest rate factor and will decrease by other fixed amounts specified in the respective agreement.  In connection with the forward sale agreements, the forward seller, or its affiliates, borrowed from third parties and sold shares of Entergy Corporation’s common stock (gross sales price).  In connection with the sale of these shares, Entergy Corporation paid the forward seller fees and these fees have not been deducted from the gross sales prices.  Entergy Corporation did not receive any proceeds from such sales of borrowed shares.Retained Earnings and DividendsEntergy Corporation received dividend payments and distributions from subsidiaries totaling $484 million in 2024, $189 million in