GE Aerospace said on March 7, 2024 2024, in connection with its Investor Day presentation, that its board approved a new share repurchase authorization of up to $15 billion.

8-KOther EventsFiled Mar 7, 2024Period of report Mar 7, 2024Summary published (UTC) Oct 28, 2026

Key points

AI summary

GE Aerospace said on March 7, 2024 2024, in connection with its Investor Day presentation, that its board approved a new share repurchase authorization of up to $15 billion.
The company said the new authorization will take effect after the planned spin-off of GE Vernova is completed, at which point it will operate as GE Aerospace.
The company said the new authorization will replace the existing $3 billion share repurchase authorization approved in 2022 once it takes effect.
GE Aerospace said it may repurchase shares from time to time on the open market or in privately negotiated transactions, has no obligation to buy any particular amount, and the authorization has no expiration date and may be changed or terminated without prior notice.

Summary

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Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

GE Aerospace Announces New $15 billion Share Repurchase Authorization

GE Aerospace said on March 7, 2024 2024, in connection with its Investor Day presentation, that its board approved a new share repurchase authorization of up to $15 billion.

Source · Based on the filing body and exhibits

New Authorization Takes Effect After GE Vernova Spin-Off

The company said the new authorization will take effect after the planned spin-off of GE Vernova is completed, at which point it will operate as GE Aerospace.

Source · Based on the filing body and exhibits

Replaces 2022 $3 billion Authorization

The company said the new authorization will replace the existing $3 billion share repurchase authorization approved in 2022 once it takes effect.

Source · Based on the filing body and exhibits

Open-Market and Private Purchases, No Obligation, No Expiration Date

GE Aerospace said it may repurchase shares from time to time on the open market or in privately negotiated transactions, has no obligation to buy any particular amount, and the authorization has no expiration date and may be changed or terminated without prior notice.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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