Figma Shares Indicated To Open $105/$110
Additionally, on January 27, Bonenberger exercised stock options to acquire 1,483 shares of common stock at a price of $33.51 per share, totaling $49,695. On the same day, he had 502 shares withheld to cover tax obligations, valued at $16,822. Following these transactions, Bonenberger holds a direct ownership of 45,414 shares, with additional shares held indirectly through a trust and an IRA. The utility company has demonstrated remarkable stability, maintaining dividend payments for 54 consecutive years while generally trading with low price volatility, according to InvestingPro data. The utility company has demonstrated remarkable stability, maintaining dividend payments for 54 consecutive years while generally trading with low price volatility, according to InvestingPro data.
Additionally, on January 27, Bonenberger exercised stock options to acquire 1,483 shares of common stock at a price of $33.51 per share, totaling $49,695. On the same day, he had 502 shares withheld to cover tax obligations, valued at $16,822. Following these transactions, Bonenberger holds a direct ownership of 45,414 shares, with additional shares held indirectly through a trust and an IRA.
In other recent news, PPL Corporation (NYSE:PPL) has seen significant changes in its executive team, including the departure of Francis X. Sullivan, the Executive Vice President and Chief Operating Officer. This is part of a broader reallocation of duties among senior executives. The company has also reported narrowed ongoing earnings for 2024, with GAAP earnings of $0.29 per share, and ongoing earnings of $0.42 per share.
In terms of analyst assessments, Jefferies maintains a Buy recommendation, while Citi and BMO Capital Markets hold a Neutral and Outperform rating respectively. These ratings come as PPL Corp is on track to complete infrastructure improvements worth approximately $3.1 billion.
The company is focusing on significant infrastructure investments and maintaining a strong balance sheet, with an expectation of 6% to 8% annual growth in earnings per share and dividends through at least 2027. These recent developments reflect the company’s strategic moves to streamline operations and enhance management efficiency.
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