---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-23-049526"
form_type: "8-K"
ticker: "EGP"
cik: "0000049600"
company_name: "EASTGROUP PROPERTIES INC"
filed_at: "2023-10-25T23:59:59+00:00"
generated_at: "2026-06-09T12:01:18.608112+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# EastGroup Properties launches $750M ATM equity program, replaces prior facility

## Summary
- Company entered sales agency financing agreement for up to $750M in common stock offerings.
- Prior ATM program terminated with about $285.7M in unsold shares remaining.
- Sales may occur via agents or forward sellers; commissions capped at 1.5% of gross proceeds.
- Proceeds to be used for general corporate purposes, including debt repayment and property acquisitions.

## SEC filing metadata
- accession: 0001140361-23-049526
- form_type: 8-K
- ticker: EGP
- cik: 0000049600
- company_name: EASTGROUP PROPERTIES INC
- filed_at: 2023-10-25T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/49600/000114036123049526/0001140361-23-049526-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/49600/000114036123049526/ny20013033x1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-23-049526
- JSON: https://secwatch.observer/filing/0001140361-23-049526.json
- Plain text: https://secwatch.observer/filing/0001140361-23-049526.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.