Duke Energy Corp
NYSE:DUK
DUK's latest stock split occurred on Jul 3, 2012
The company executed a 1-for-3 stock split, meaning that for every 3 shares held, investors received 1 new share.
Before the split, DUK traded at 23.28 per share. Afterward, the share price was about 40.472.
The adjusted shares began trading on Jul 3, 2012. This was DUK's 3rd stock split, following the previous one in Jan 29, 2001.
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Duke Energy Corp
Glance View
Duke Energy Corp., a stalwart of the American utility sector, seems almost an unwavering force continually adapting to the evolving landscape of energy generation and distribution. With roots tracing back to the early 20th century, the company has grown into one of the largest electric power holding enterprises in the United States, serving over 7 million customers across the Southeast and Midwest. This vast network of customers is supported by a diverse energy portfolio that ranges from traditional coal-fired plants to burgeoning investments in renewable sources like wind and solar power. Duke Energy meticulously manages this blend of generation methods to ensure a reliable energy supply while navigating the challenges of regulatory compliance and environmental stewardship. Revenue for Duke Energy primarily flows from the regulated electric and gas utility operations that provide a predictable cash flow due to the ability to set rates with state utility commissions. Additionally, the company's commercial renewables segment continues to grow, providing energy solutions through wind and solar farms spread across the country. Duke Energy also capitalizes on its scale by continuously optimizing operations, implementing advanced technology for grid improvement, and enhancing customer engagement through digital solutions. Through strategic initiatives and investments, Duke Energy aims not only to deliver power to its customers but also to transition toward cleaner energy sources, aligning its financial interests with environmental goals in a sustainable manner.
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