WELLTOWER INC. (WELL) Form 424B5 — Oct 27, 2026
Welltower filed a 424B5 prospectus supplement registering up to 1,146,886 shares of common stock that may be issued from time to time in exchange for Class A common units of Welltower OP LLC tendered for redemption. This satisfies contractual registration rights with OP unitholders and is not a cash capital raise — Welltower receives no proceeds but acquires the Class A Units, consolidating its UPREIT ownership. At the October 26, 2026 closing price of $240.61, the registered shares represent a maximum value of roughly $271 million, or about 0.16% of the 733.6 million shares outstanding as of October 23, 2026. Actual issuance only occurs if and when unitholders exercise redemption rights.
Key figures
- Offering Price
- 240.61
- Shares Offered
- 1146886
- Shares Outstanding
- 733609863
- Authorized common shares
- 1400000000
- Authorized preferred shares
- 50000000
- Proposed max price per unit
- 236.26
- Max aggregate offering price
- $270,963,286.36
- Last reported sale price date
- October 26, 2026
- Welltower op ownership percent
- 99.707% (as of December 31, 2024)
AI analysis
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