Corning Announces $2 Billion Equity Distribution Agreement with Goldman Sachs

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LLC to sell up to $2 billion of its common stock through an 'at the market' equity offering program. The agreement allows for the sale of shares based on market conditions and the company's capital needs, with Goldman Sachs acting as the sales agent. The company intends to use the net proceeds for general corporate purposes. The agreement can be terminated by either party with written notice.

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About Corning Inc.

Corning Inc. is a leading manufacturer specializing in specialty glass, ceramics, and related materials. With a legacy dating back to 1851, Corning's primary function is to innovate and produce materials that enhance high-technology systems. Notably, Corning is a dominant player in industries such as telecommunications, where it provides optical fiber and cable solutions vital for data networks. In the display technologies sector, Corning’s glass substrates are crucial components in LCD screens used in smartphones, computers, and televisions. The company also makes significant contributions to life sciences, providing lab products that aid in drug discovery and diagnostics. Headquartered in Corning, New York, this company is instrumental in shaping technological advancements across multiple sectors, complemented by its commitment to research and development. Corning’s materials are integral to technological infrastructure, influencing advancements in consumer electronics, telecommunications, and beyond, demonstrating its pivotal role in the global market.