NI · 10-Q · 2026Q2 · Full report
Equity Financing Activities
NISOURCE INC. · 2026-08-05 · Importance 40 · Surprise 42 · Matches filing data
NiSource executed a February 2026 forward sale agreement covering 2,200,000 shares sold by the forward purchaser at a weighted-average price of $45.63 per share. In June 2026, it executed a second forward sale agreement covering 2,151,874 shares sold at a weighted-average price of $46.47 per share. As of June 30, 2026, the ATM program, including outstanding forward agreements, had approximately $1.15 billion of remaining equity capacity and expires in December 2028.
Key facts
- As of June 30, 2026, the ATM program inclusive of outstanding forward sale agreements had approximately $1.15 billion of equity capacity available and the ATM program expires in December 2028. source
- NiSource executed a forward sale agreement in February 2026 where the forward purchaser borrowed and sold 2,200,000 shares at a weighted average price of $45.63 per share; settlement may be in shares, cash, or net shares by December 2026. source
- NiSource executed a forward sale agreement in June 2026 where the forward purchaser borrowed and sold 2,151,874 shares at a weighted average price of $46.47 per share; settlement may be in shares, cash, or net shares by December 2026. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | positive | committed | +0.2% | NiSource executed a forward sale agreement in February 2026 where the forward purchaser borrowed and sold 2,200,000 shares at a weighted… |