Company: EAI
Filing Date: 2025-02-18
Form Type: 10-K
Source: 0000065984-25-000012
Chunk: 586

Company: ENTERGY ARKANSAS, LLC
Filing Date: 2025-02-18
Form: 10-K
Item: Item 7
Chunk 586
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(673,242)— (1,636,732)Directors’ Plan— (28,076)— (28,060)— (33,062)Ending Balance, December 31561,950,696 132,370,280 561,950,696 136,253,556 559,307,858 136,954,858 Entergy Corporation reissues treasury shares to meet the requirements of the Stock Plan for Outside Directors (Directors’ Plan), the three equity plans of Entergy Corporation and Subsidiaries, and certain other stock benefit plans.  The Directors’ Plan awards to non-employee directors a portion of their compensation in the form of a fixed dollar value of shares of Entergy Corporation common stock.In October 2010 the Board granted authority for a $500 million share repurchase program.  As of December 31, 2024, $350 million of authority remains under the $500 million share repurchase program.Dividends declared per common share were $2.30 in 2024, $2.17 in 2023, and $2.05 in 2022.Equity Distribution ProgramIn January 2021, Entergy Corporation entered into an equity distribution sales agreement with several counterparties establishing an at the market equity distribution program, pursuant to which Entergy Corporation may offer and sell from time to time shares of its common stock.  The sales agreement provides that, in addition to the issuance and sale of shares of Entergy Corporation common stock, Entergy Corporation may enter into forward sale agreements for the sale of its common stock.  In May 2024, Entergy Corporation entered into an amendment to the equity distribution sales agreement for its at the market equity distribution program wherein it increased by an additional $1 billion the aggregate gross sales price authorized under the at the market equity distribution program and added additional agents, forward purchasers, and forward sellers.  The aggregate number of shares of common stock sold under this sales agreement and under any forward sale agreement may not exceed an aggregate gross sales price of $3 billion.  As of December 31, 2024, an aggregate gross sales price of approximately $2.6 billion has been sold under the at the market equity distribution program.

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Table of ContentsEntergy Corporation and SubsidiariesNotes to Financial Statements

During the years ended December 31, 2024, 2023, and 2022, there were no shares of