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Prologis Confirms 950.5 Million Outstanding Shares Under Takeover Code Rules

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PLD$126.94 −2.70%

Prologis, Inc. (NYSE:PLD) confirmed its total capital structure, reporting 950,512,506 shares of common stock issued and outstanding as of Oct. 15, 2026. The real estate investment trust holds zero shares in treasury. Shares of Prologis fell 2.70% to $126.90 following the announcement.

The capital disclosure was made pursuant to Rule 2.9 of the UK City Code on Takeovers and Mergers. Under these regulatory rules, confirming the exact share count establishes official ownership thresholds for investors and requires major holders to report their stakes during takeover offer periods.

Under the regulations, any person or entity holding 1% or more of the company's relevant securities must file an opening position disclosure by 3:30 p.m. London time on the tenth business day after an offer period commences. Any subsequent transactions by major holders require dealing disclosures by 3:30 p.m. London time on the business day following the trade.

Key points

  • Prologis, Inc. (NYSE:PLD) reported 950,512,506 common shares issued and outstanding as of Oct. 15, 2026.
  • The company confirmed that it holds no common shares in treasury.
  • The announcement fulfills Rule 2.9 requirements under the UK City Code on Takeovers and Mergers.
  • Investors holding a 1% or greater stake must comply with mandatory position and trading disclosure rules.
  • Prologis stock closed down 2.70% at $126.90 on the day of the release.

Written by our AI from expert market sources across the web. It can contain mistakes: check the facts before acting on them. Write-ups powered by the free AI API at FreeTheAI.org

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Questions and answers

How many shares does Prologis have outstanding?

Prologis, Inc. reported 950,512,506 shares of common stock issued and outstanding as of Oct. 15, 2026, with zero shares held in treasury.

Why did Prologis release a Rule 2.9 announcement?

The announcement was made in accordance with the UK City Code on Takeovers and Mergers to establish total voting shares and regulatory disclosure thresholds for major shareholders.

What are the UK takeover disclosure deadlines for major Prologis shareholders?

Shareholders owning 1% or more must submit opening position disclosures by 3:30 p.m. London time on the 10th business day after an offer period starts, and dealing disclosures by 3:30 p.m. London time on the business day following any trade.