Spin-off - GE Vernova Inc.

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Form Type: DEF 14A

Filing Date: 2025-03-28

Corporate Action: Spin-off

Type: New

Accession Number: 000199681025000049

Filing Summary: On March 28, 2025, GE Vernova Inc. announced the details of its inaugural 2025 Annual Meeting of Stockholders, marking a significant milestone following its spin-off from General Electric Company on April 2, 2024. The meeting will be held virtually on May 14, 2025, with stockholders of record on March 21, 2025, entitled to vote. Key proposals include the election of three Class I directors to serve until the 2028 Annual Meeting, an advisory vote on the compensation of named executive officers, a proposal on the frequency of future ‘Say-on-Pay’ votes, and the ratification of Deloitte & Touche LLP as independent auditors for the fiscal year ending December 31, 2025. The Board emphasizes its commitment to governance, capital return strategies, including a quarterly dividend of $0.25 per share, and a $6 billion share repurchase program, alongside significant investments in research and development.

Document Link: View Document

Additional details:

Date Time: 2025-05-14T08:30:00Z


Stockholder Record Date: 2025-03-21


Quarterly Dividend: 0.25


Share Repurchase Program: 6000000000


Investment In Rd: 9000000000


Revenue 2024: 35000000000


Net Income 2024: 1600000000


Adjusted Ebitda 2024: 2000000000


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