HST · 10-Q · 2026Q2 · Full report

Equity Capital Raise

HOST HOTELS & RESORTS, INC. · 2026-08-07 · Importance 64 · Surprise 42

In May 2026, Host amended and extended an at-the-market distribution agreement with eight sales agents, including J.P. Morgan, BofA Securities, Goldman Sachs, Morgan Stanley and Wells Fargo. The program permits the sale of up to $600 million of Host Inc. common stock and may also include separate forward-sale agreements. No shares were issued during the second quarter of 2026, leaving the full $600 million capacity available at June 30, 2026. Management may issue shares based on market conditions to fund potential acquisitions or other investments, but is not obligated to sell any shares.

Key facts

• In May 2026, we amended and extended a distribution agreement pursuant to which Host Inc. may offer and sell, from time to time, shares of Host Inc. common stock having an aggregate offering price of up to $600 million. source
• As of June 30, 2026, there was $600 million of remaining capacity under the May 2026 distribution agreement. source
• Diluted weighted average shares outstanding used for EPS, NAREIT FFO and Adjusted FFO were 687.0, 693.9, 688.1 and 696.7 (quarter and year-to-date values presented in the table). source
• No shares were issued during the second quarter of 2026 under the amended distribution agreement. source