PPL Corporation (PPL) has been in the spotlight for a variety of reasons. The company's decision to hold a virtual annual meeting in 2025 and its announcement of 2024 earnings results were key developments. PPL Corporation has seen considerable trading activity with SVP David Bonenberger, among others, performing significant stock transactions. Various asset management firms, such as Ausbil Investment Management Ltd and abrdn plc, boosted their holdings in PPL.
Significant personnel changes have also been announced, such as the upcoming retirement of Executive Vice President and COO Fran Sullivan, and a comprehensive organizational restructuring that includes eliminating the COO role. Major financial events, such as quarterly dividends and upcoming earnings reports play a significant role as well. In terms of development, PPL Corporation is engaged in progressive projects like partnering with URI and Rhode Island Energy on renewable and alternative energy research. Furthermore, PPL is focusing on growth through strategic acquisitions and price target adjustments.
Notable features include its growing role as a utility of the future, as shown in its 2023 Sustainability Report, data center deals, and a $72M DOE grant for a carbon capture pilot project. These activities reflect PPL's enduring role in the ever-evolving energy sector.
Ppl Corporation PPL News Analytics from Wed, 14 Feb 2024 08:00:00 GMT to Fri, 07 Feb 2025 20:30:00 GMT - Rating -2 - Innovation 6 - Information 8
