Ventas, Inc. entered into Amendment No. 1 to its At-The-Market (ATM) Sales Agreement, originally dated September 18. This amendment significantly increases the aggregate gross sales price under the sales agreement to $2.25 billion.
The ATM program allows Ventas to issue and sell shares of its common stock from time to time, providing a flexible and efficient means of raising equity capital. The increased capacity reflects the company's ongoing capital management strategy.
This expanded ATM capacity provides Ventas with additional financial flexibility to fund its strategic initiatives, including potential acquisitions and investments in its core senior housing and healthcare real estate segments, as well as for general corporate purposes.
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