Positive trajectory in 2021 as momentum builds across businesses
BOSTON, Mass. — March 10, 2021 — GE (NYSE:GE) today announced its detailed 2021 outlook.
GE Chairman and CEO H. Lawrence Culp, Jr. said, “Our team has built a strong foundation to drive improvements throughout GE. Scaling lean and shifting decision-making closer to our customers are helping us execute better and transform our culture—so that these improvements are both continuous and lasting.”
Strong free cash flow finish to a challenging year; momentum growing across GE's businesses
Fourth quarter 2020:
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Mary Kate Mullaney
BOSTON, Mass. — January 19, 2021 — GE (NYSE:GE) announced today that as part of its continued actions to solidify its financial position, it is proposing to freeze the accrual of pension benefits for approximately 2,800 employees in its defined benefit pension plans in the United Kingdom. A 60-day consultation process with plan members will begin in February.
GE Announces Expiration and Results of its Offers to Purchase Any and All of Certain of its Outstanding U.S. Dollar Denominated, Euro Denominated and GBP Denominated Notes (Listed on Table I and Table II Below), originally issued by certain of its subsidiaries
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Mary Kate Mullaney
BOSTON — December 15, 2020 — GE (NYSE:GE) announced today that it transferred approximately $1.7 billion of its U.S. GE Pension Plan obligations by purchasing group annuity contracts from wholly owned subsidiaries of Athene Holding Ltd. (“Athene”) (NYSE: ATH), a leading retirement services company.
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Mary Kate Mullaney
BOSTON, Mass.—December 11, 2020—The Board of Directors of GE (NYSE: GE) today declared a $0.01 per share dividend on the outstanding common stock of the Company. The dividend is payable January 25, 2021 to shareholders of record at the close of business on December 21, 2020. The ex-dividend date is December 18, 2020.
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Mary Kate Mullaney
GE Announces Offers to Purchase Any and All of Certain of its Outstanding U.S. Dollar Denominated, Euro Denominated and GBP Denominated Notes (Listed on Table I and Table II Below), originally issued by certain of its subsidiaries
For media inquiries, please contact:
Mary Kate Mullaney
BOSTON — December 8, 2020 — GE (NYSE:GE) today announced a series of actions it took on December 7, 2020, as part of its plan to solidify its financial position, building on a series of transactions earlier this year:
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Mary Kate Mullaney
Building momentum amidst still-difficult environment
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Mary Kate Mullaney