Item 2.02 Results of Operations and Financial Condition
On
Item 7.01 Regulation FD Disclosure
OnAugust 5, 2021 , at11:00 a.m. (Eastern Time) , members of PPL's senior management will hold a teleconference and webcast with financial analysts to discuss PPL's financial results for the quarter endedJune 30, 2021 and other business matters. The event will be available live, in audio format, together with the slides to be used during the teleconference, on PPL's Internet Web site: www.pplweb.investorroom.com/events. The webcast will be available for replay on PPL's Web site for 90 days.
Item 8.01 Other Events
OnAugust 5, 2021 , PPL announced that its Board of Directors authorized a new share repurchase program pursuant to which PPL may repurchase up to$3 billion of its outstanding common stock, from time to time, in management's discretion. PPL management currently expects to repurchase approximately$500 million under the repurchase program byDecember 31, 2021 . The repurchase program enables PPL to acquire shares through open market purchases or privately negotiated transactions, including through a Rule 10b5-1 plan, at the discretion of management and on terms (including quantity, timing and price) that management determines to be advisable. Actions in connection with the repurchase program will be subject to various factors, including PPL's capital and liquidity positions, accounting and regulatory considerations, PPL's financial and operational performance, alternative uses of capital (including potential incremental capital investment opportunities), the trading price of PPL's common stock, and general market conditions. The repurchase program does not obligate PPL to acquire a specific dollar amount or number of shares and may be extended, modified, or discontinued at any time.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits 99.1 - Press Release, dated August 5, 2021,
announcing PPL's financial results for
the quarter endedJune 30, 2021 , and
other business matters, including the
recently authorized share repurchase
program.
104 - Cover Page Interactive Data File (the
Cover Page Interactive Data File is
embedded within the Inline XBRL document).
-------------------------------------------------------------------------------- As provided in General Instruction B.2 of Form 8-K, the information contained in Items 2.02 and 7.01 of this Form 8-K shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall any such information be deemed to be incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such a filing.
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