What changed
Host Hotels & Resorts entered a distribution agreement on November 12, 2026 allowing it to sell up to $600 million of common stock through at-the-market offerings, with sales agents receiving commissions of up to 2% of gross proceeds. The agreement replaces a prior distribution agreement terminated concurrently, under which $600 million of shares remained unsold. Net proceeds are intended to fund potential acquisitions and general corporate purposes.
Why it matters
Host Hotels & Resorts entered a distribution agreement on November 12, 2026 allowing it to sell up to $600 million of common stock through at-the-market offerings, with sales agents receiving commissi