Transcription of GE Reverse Stock Split Frequently Asked Questions
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GE Reverse Stock Split Frequently Asked Questions
GE Reverse Stock Split Frequently Asked Questions As of June 23, 2021. On June 18, 2021, GE announced that it will proceed with the 1-for-8 Reverse Stock Split , a corresponding proportionate reduction in the number of shares of GE Common Stock , par value $ (the Common Stock ), authorized for issuance under the certificate of incorporation and a reduction in the par value of GE Common Stock to $ per share, which was previously approved by GE shareholders at the annual shareholders meeting on May 4, 2021 (the Reverse Stock Split ). GE plans to file an amendment to its certificate of incorporation to effectuate the Reverse Stock Split after the close of trading on July 30, 2021, and GE common Stock will begin trading on a Split -adjusted basis on August 2, 2021. Additional information relating to the Reverse Stock Split was included in the definitive proxy statement for the 2021 annual meeting of shareholders, which was filed with the Securities and Exchange Commission on March 22, 2021 (the Proxy Statement ).
GE Reverse Stock Split Frequently Asked Questions As of June 23, 2021 On June 18, 2021, GE announced that it will proceed with the 1-for-8 reverse stock split, a corresponding proportionate reduction in the number of shares of GE Common Stock, par value $0.06 0the “Common Stock”, authorized for issuance under the certificate of
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