Prologis Discloses Share Capital Under Takeover Code Rules
Prologis, Inc. (NYSE:PLD) has disclosed its total outstanding share capital in compliance with Rule 2.9 of the UK City Code on Takeovers and Mergers. The company confirmed that, as of the close of business on October 8, 2026, it had 950,512,763 shares of common stock outstanding, with a par value of $0.01 per share. Prologis does not hold any of its common stock in treasury.
This type of regulatory disclosure is mandatory when a company enters an offer period under the Takeover Code, indicating that Prologis may be involved in potential merger or acquisition activity. The announcement establishes the official share baseline, which is used to determine disclosure requirements for major shareholders. Under these rules, any investor who holds or reaches a 1% or greater stake in the company's shares must publicly disclose their position and subsequent trading activity.
Investors will be watching for more details on any potential takeover or merger discussions that triggered this regulatory filing. Shareholders who hold a stake of 1% or more will need to comply with the tight disclosure deadlines, which require position filings within ten business days of the offer period's start, or next-day disclosures for subsequent stock transactions.
Key points
- Prologis, Inc. (NYSE:PLD) confirmed it has 950,512,763 shares of common stock outstanding as of October 8, 2026.
- The disclosure was made under Rule 2.9 of the UK City Code on Takeovers and Mergers, which applies during active offer periods.
- Prologis holds none of its common stock in treasury.
- Shareholders with a 1% or greater stake must disclose their positions and transactions under the Takeover Code guidelines.
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Why did Prologis release a Rule 2.9 announcement?
Prologis issued the announcement to comply with the UK Takeover Code, which requires companies in an active offer period to disclose their total outstanding shares.
How many shares does Prologis have outstanding?
As of the close of business on October 8, 2026, Prologis had 950,512,763 shares of common stock outstanding, with none held in treasury.
What are the disclosure requirements for Prologis shareholders?
Under the Takeover Code, any person or group holding a 1% or greater interest in Prologis shares must disclose their position and subsequent dealings within strict regulatory deadlines.