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GE's Board of Directors approved the spin-off of GE Vernova, which will begin trading on April 2, 2024. GE shareholders will receive one share of GE Vernova for every four GE shares held on March 19, 2024, and GE will then operate as GE Aerospace.
“Today's announcement clears the way for the historic launches of GE Vernova and GE Aerospace, completing our transformation into three independent, investment-grade industry leaders.”ge.com
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