Southern Company Prices 2025 Series A Equity Units
Southern Company (NYSE: SO) announced on November 3, 2025 that it has priced an offering of 35 million 2025 Series A Equity Units. Each unit was priced at $50, giving the company an aggregate stated amount of $1.75 billion.
The equity units were issued by Southern Company, a public utility holding company that generates, wholesales, and retails electricity in the southeastern United States through its subsidiaries. The company also offers wireless telecommunications services, two‑way radio, telephone, paging, and internet access services, and wholesales fiber‑optic solutions.
The offering was completed on November 4, 2025, following the pricing announcement. Southern Company’s share price closed at $93.15 on November 2, 2025, and the company’s market capitalization was approximately $103.55 billion USD. The price‑earnings ratio stood at 23.63.
No additional details regarding the allocation of the units, the use of proceeds, or the impact on the company’s capital structure were disclosed in the available statements. The equity units represent a standard mechanism for Southern Company to raise capital while maintaining regulatory compliance for its electric utility operations.
