Prologis, Inc. (PLD) said Thursday that it has priced 31 million shares of its common stock in a public offering at a price of $41.60 per share.
The company has granted the underwriters a 30-day option to purchase up to an additional 4.65 million shares of its common stock to cover over-allotments, if any.
Morgan Stanley, J.P. Morgan, Goldman, Sachs & Co., and Wells Fargo Securities acted as joint bookrunners for the offering.
The offering is expected to close on or about April 30.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.