GE Vernova (NYSE: GEV) has announced the completion of its spin-off from GE (NYSE: GE) and its commencement of trading as an independent company on the New York Stock Exchange (NYSE) under the ticker symbol “GEV”.
"GE Vernova now operates as an independent company with a focus on advancing the energy transition for a more sustainable future," said Scott Strazik, CEO of GE Vernova.
With operations spanning more than 100 countries, GE Vernova has a workforce exceeding 80,000 employees. The spin-off of GE Vernova was accomplished through GE’s distribution of all shares of common stock of GE Vernova Inc. Each holder of record of GE common stock received one share of GE Vernova Inc. common stock for every four shares of GE common stock held on March 19, 2024.
