GE Announces Further Actions to Solidify Financial Position
General Electric Company (GE)
Last general electric company earnings: 4/30 04:02 pm
Check Earnings Report
US:NYSE Investor Relations:
ge.com/investor-relations/overview
Company Research
Source: Business Wire
BOSTON--(BUSINESS WIRE)--GE (NYSE:GE) today announced a series of further actions it is taking to solidify its financial position:In order to extend its Industrial debt maturities and enhance its liquidity profile, GE is launching a strategic debt issuance to fund an immediate tender for GE bonds maturing through 2024. The combination of these transactions is expected to be leverage neutral.As part of its deleveraging plan, using proceeds from the BioPharma transaction, GE also repaid $6 billion of its intercompany loan to GE Capital on April 1, 2020.Using proceeds from this repayment, in order to accelerate its debt reduction, GE Capital today also is launching a tender targeting up to $9 billion of debt maturing in 2020. GE Capital separately repaid $4.7 billion of debt that matured in the first quarter of 2020.GE Chairman and CEO H. Lawrence Culp, Jr., said, “With net proceeds of about $20 billion from the sale of BioPharma now in hand, we are taking swift actions to de-risk an
Show less
Read more
Impact Snapshot
Event Time:
GE
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
GE alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
GE alerts
High impacting General Electric Company news events
Weekly update
A roundup of the hottest topics
GE
News
- What General Electric (GE)'s New Dividend and MRO Spending Plan Means For Shareholders [Yahoo! Finance]Yahoo! Finance
- GE Aerospace declares $0.36 dividend [Seeking Alpha]Seeking Alpha
- GE Aerospace Board of Directors Authorizes Regular Quarterly Dividend [Yahoo! Finance]Yahoo! Finance
- GE Aerospace Board of Directors Authorizes Regular Quarterly DividendBusiness Wire
- Continuum Powders Welcomes Christine Furstoss to Its Board of Advisors [Yahoo! Finance]Yahoo! Finance
GE
Earnings
- 10/22/25 - Beat
GE
Sec Filings
- 12/3/25 - Form 4
- 12/3/25 - Form 4
- 12/3/25 - Form 4
- GE's page on the SEC website