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Duke Energy responds to Elliott Management's latest letter


CHARLOTTE, N.C., July 19, 2021 /PRNewswire/  Below is Duke Energy s (NYSE: DUK) statement in response to Elliott Management s announcement today:
The new Elliott Management letter to the Board of Directors is the latest attempt to push its short-term agenda at the expense of long-term shareholder value as well as the interests of Duke Energy s employees and the communities it serves.
Duke Energy remains open to value-creating ideas in the company s pursuit of continuous operational improvement and frequently engages with shareholders for their input, including a good faith engagement with Elliott over the last 12 months. However, Elliott has again failed to provide any concrete and specific ideas to increase shareholder value, choosing instead to launch public attacks supported by cherry-picked data and anonymous sources. Duke remains focused on delivering long-term value and growth to customers and investors in all jurisdictions.    ....

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