Edition:
United States

PPL Corp (PPL.N)

PPL.N on New York Stock Exchange

33.34USD
2 Dec 2016
Change (% chg)

$0.24 (+0.73%)
Prev Close
$33.10
Open
$33.32
Day's High
$33.57
Day's Low
$33.07
Volume
1,004,441
Avg. Vol
1,266,092
52-wk High
$39.91
52-wk Low
$32.08

Latest Key Developments (Source: Significant Developments)

PPL Corp narrows FY 2015 EPS guidance to a range in line with analysts' estimates
Monday, 3 Aug 2015 06:56am EDT 

PPL Corp:Narrowed its FY 2015 forecast range for earnings from ongoing operations to $2.15 to $2.25 per share (EPS)from $2.05 to $2.25 per share, increasing the midpoint from $2.15 to $2.20 per share.FY 2015 EPS of $2.18 - Thomson Reuters I/B/E/S.  Full Article

PPL Corp completes spinoff of competitive supply business
Monday, 1 Jun 2015 10:55am EDT 

PPL Corp:Completes spinoff of its competitive energy business, which was immediately combined with the generation assets owned by Riverstone Holdings to form a new independent power producer called Talen Energy Corporation.Says reaffirming its 2015 forecast range of $2.05 to $2.25 per share for regulated utility earnings from ongoing operations.Expects to achieve compound annual earnings growth of 4 to 6 percent through at least 2017.  Full Article

PPL Corp announces definitive distribution ratio for spin-off of PPL Energy Supply, LLC
Wednesday, 20 May 2015 08:00pm EDT 

PPL Corp:Announces definitive distribution ratio for spinoff of its power generation business, PPL Energy Supply, LLC (Energy Supply).Board of directors has declared pro rata distribution to PPL shareowners of all common stock of Talen Energy Holdings, Inc. (HoldCo), which will be the parent company of Energy Supply.Immediately following distribution, each share of HoldCo common stock will be converted into one share of Talen Energy Corporation common stock.PPL shareowners will receive on distribution date, June 1, about 0.1249 shares of Talen Energy common stock for each share of PPL common stock they owned as of May 20.PPL shareowners will not receive fractional shares of Talen Energy common stock.Instead, fractional shares of Talen Energy common stock will be aggregated and sold in open market, with net proceeds distributed pro rata in cash payments to the PPL shareowners.Immediately after spinoff on June 1, RJS Power owned by affiliates of Riverstone Holdings LLC will be contributed to Talen Energy in exchange for shares of Talen Energy common stock and Talen Energy will own and operate the combined businesses of Energy Supply and RJS Power.Talen Energy common stock began trading on a when-issued basis on the NYSE under the symbol TLN WI on May 18.  Full Article

PPL Corp declares quarterly common stock dividend
Wednesday, 20 May 2015 12:24pm EDT 

PPL Corp:Declares quarterly common stock dividend of $0.3725 per share.Payable July 1, to shareowners of record as of June 10.  Full Article

PPL Corp reaffirms FY 2015 EPS guidance
Thursday, 7 May 2015 07:00am EDT 

PPL Corp:Reaffirms FY 2015 guidance and expects earnings of $2.05 to $2.25 per share.  Full Article

PPL to pay quarterly stock dividend April 1
Friday, 27 Feb 2015 10:24am EST 

PPL Corp:Declares a quarterly common stock dividend on (2/27) of $0.3725 per share.Payable April 1 to shareowners of record as of March 10.  Full Article

PPL Corp gives FY 2015 EPS outlook below analysts' estimates
Thursday, 5 Feb 2015 07:01am EST 

PPL Corp:Expects FY 2015 earnings forecast range, excluding Supply business, of $2.05 to $2.25 per share.FY 2015 EPS of $2.28 - Thomson Reuters I/B/E/S.  Full Article

BRIEF-PPL Corp expects to reiterate its 2016 forecast of reported earnings

* PPL Corp - expects to reiterate its 2016 forecast of reported earnings of $2.55 to $2.70 per share