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.
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