ONE Gas, Inc. has announced a forward sale agreement with JPMorgan Chase Bank, National Association, involving the issuance of 2.5 million shares of common stock at an initial forward sale price of $78.76 per share. The agreement allows for settlement by the end of 2026, with the company having the option to physically settle by issuing shares to the forward purchaser. The shares are registered under the Securities Act of 1933. Additionally, ONE Gas has provided the underwriter a 30-day option to purchase an additional 375,000 shares.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ONE Gas Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-117786), on May 12, 2025, and is solely responsible for the information contained therein.