Entergy Corporation
Entergy Corporation Announces Two-for-One Forward Stock Split
Summary
On October 31, 2024, Entergy Corporation announced a two-for-one forward stock split to be effected through an amendment to its Restated Certificate of Incorporation, which became effective on December 12, 2024. The split increases the number of authorized common shares from 499,000,000 to 998,000,000, and trading is expected to commence on a split-adjusted basis on December 13, 2024.
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About Entergy Corporation
Entergy Corporation is a North American electric utility company that operates within the business sector of energy production and distribution. Its primary function is to generate and deliver electricity to its extensive customer base across several states, including Arkansas, Louisiana, Mississippi, and Texas. Entergy is a key player in both the regulated utilities and the merchant power sectors, boasting a diverse portfolio of energy sources, including natural gas, nuclear, coal, hydroelectric, and renewable energy assets. This provides the company with the flexibility to manage its operations efficiently and sustainably. Entergy's nuclear power operations, in particular, make it one of the largest producers of nuclear electricity in the United States, significantly impacting the energy industry by contributing to low-emission power generation. The corporation's strategic investments in infrastructure and commitment to environmental stewardship enhance its role in the transition to clean energy. Headquartered in New Orleans, Louisiana, Entergy Corporation's activities are crucial for regional power reliability, economic growth, and energy innovation.
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