PPL Corporation has priced a public offering of 20 million Equity Units at $50 each, raising $1 billion. The offering includes an option for underwriters to purchase an additional 3 million units, potentially bringing total proceeds to $1.15 billion. Each Corporate Unit comprises a contract for future purchase of PPL common stock and ownership interest in PPL Capital Funding's Remarketable Senior Notes due in 2034 and 2039. Investors will receive 7% annual distributions from interest payments and contract adjustments, with a reference price of $37.2606 per share. The Allentown, Pennsylvania-based energy company will use proceeds for short-term debt repayment and general corporate purposes. The offering is expected to close on 26 February 2026. J.P. Morgan Securities, BofA Securities, Morgan Stanley and RBC Capital Markets serve as joint book-running managers.

PPL Corporation announces 2026 virtual Annual Meeting. Rhea-AI Impact Rhea-AI Sentiment conferences Rhea-AI summary. PPL (NYSE:PPL) announced its 2026 Annual Meeting of Shareowners will be held virtually on Wednesday, May 13, 2026 at 9:00 a.m. ET. Shareowners of record as of March 4, 2026 are eligible to vote and participate. Joining instructions will be provided in upcoming proxy materials. 02/06/2026 - 07:30 AM ALLENTOWN, Pa., Feb. 6, 2026 /PRNewswire/ - PPL Corporation (NYSE:PPL) announced today that the company's 2026 Annual Meeting of Shareowners will be held virtually. The Annual Meeting will convene live via the internet on Wednesday, May 13, 2026, at 9 a.m. Eastern Time. Shareowners of record as of March 4, 2026, are eligible to vote and participate in the Annual Meeting. Instructions on how to join the meeting will be included in proxy materials that will be provided to shareowners. About PPL PPL Corporation (NYSE: PPL), headquartered in Allentown, Pennsylvania, is a leading U.S. energy company focused on providing electricity and natural gas safely, reliably and affordably to more than 3.6 million customers in the U.S. PPL's high-performing, award-winning utilities are addressing energy challenges head-on by building smarter, more resilient and more dynamic power grids and advancing sustainable energy solutions. For more information, visit www.pplweb.com. Note to Editors: Visit our media website at www.pplnewsroom.com for additional news and background about PPL Corporation. | Contacts: | For news media: Ryan Hill, 610-774-4033 | | / | For financial analysts: Andy Ludwig, 610-774-3389 | SOURCE PPL Services Corporation Faq. When is PPL's 2026 Annual Meeting and how will it be held? The meeting will be held virtually on Wednesday, May 13, 2026 at 9:00 a.m. ET. According to PPL, the meeting will convene live via the internet and remote participation instructions will be included in the proxy materials provided to shareowners. Who is eligible to vote at the PPL 2026 Annual Meeting (NYSE:PPL)? Shareowners of record as of March 4, 2026 are eligible to vote and participate. According to PPL, only those listed on the company's shareholder register on that record date can cast votes or join the virtual meeting. How will PPL (NYSE:PPL) provide instructions to join the virtual Annual Meeting? Joining instructions will be included in the proxy materials sent to shareowners before the meeting. According to PPL, the proxy materials will explain how to access the live internet meeting and any required login or verification steps. Can shareholders vote remotely at the PPL 2026 virtual Annual Meeting? Yes, eligible shareowners can vote remotely according to the procedures in the proxy materials. According to PPL, the proxy materials will detail remote voting options, deadlines, and how votes will be submitted for the virtual meeting on May 13, 2026. What is the record date for PPL (NYSE:PPL) shareholder eligibility for the 2026 meeting? The record date is March 4, 2026, which determines voting eligibility. According to PPL, individuals recorded as shareowners on that date will receive proxy materials and be entitled to vote and participate in the virtual meeting.

PPL Corporation, a Pennsylvania-based regulated utility serving customers in Pennsylvania, Kentucky and Rhode Island, has a market capitalisation of $26.8 billion. The stock has gained 5% over the past year, underperforming the S&P 500's 15.4% rally, though it leads the index 1.4% to 1.1% year-to-date in 2026. In Q3 results released in November, PPL's adjusted earnings per share of $0.48 beat expectations of $0.46, whilst revenue of $2.24 billion exceeded the $2.17 billion forecast. Analysts expect full-year 2025 EPS to grow 7.7% to $1.82. Sixteen analysts give PPL a "Moderate Buy" consensus rating, with a mean price target of $40 representing 12.7% upside. Barclays recently cut its price target from $40 to $37, maintaining an "Equal-Weight" rating.