Corning sets up $2 billion at-the-market stock sale program with Goldman Sachs
Corning signed an equity distribution agreement with Goldman Sachs on September 11, 2026, allowing it to sell up to $2 billion of common stock through an at-the-market program. Goldman Sachs earns a 1.0% commission on shares it sells and may also buy shares directly as principal. Proceeds are for general corporate purposes.
- Aggregate offering price: up to $2.0 billion of common stock ($0.50 par value)
- Sales agent: Goldman Sachs & Co. LLC; commission 1.0% of gross proceeds
- Sales are made under a Form S-3 shelf filed April 24, 2026
- Proceeds are for general corporate purposes; either party can terminate on notice
GLW around the story · hourly24 h reaction ▼ 2.55%
Source
SEC EDGAR (Corning 8-K, Item 8.01)Sep 11, 2026