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Digital Realty Expands Common Stock Offering to $2 Billion

Digital Realty Expands Common Stock Offering to $2 Billion

Digital Realty (DLR) has released an update.

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Digital Realty Trust, Inc. has revised its Sales Agreement with major financial institutions to potentially raise its common stock offering to $2 billion. This move, made through an amendment on February 23, 2024, follows the company’s prior sales which had already reached over $1.24 billion. Investors should note that this development is part of a continuous offering program, indicating Digital Realty’s proactive approach to capital management and growth funding.

For further insights into DLR stock, check out TipRanks’ Stock Analysis page.

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