DiamondRock Hospitality files new $200M ATM equity program, replacing prior August 2024 program

DiamondRock Hospitality Co

Filed shelf registration and $200M at-the-market equity offering program, replacing prior program expiring August 6, 2024.
Shares may be sold through agents or forward sale agreements; commissions up to 2% of gross sales price.
Net proceeds contributed to operating partnership for acquisitions, debt repayment, capex, and working capital.
Program expires August 5, 2027, unless all shares sold or earlier termination by company or agents.
No obligation to sell any shares; actual sales depend on market conditions and company discretion.

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