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General Electric (GE) Board of Directors Approves Separation of GE HealthCare

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GE Board of Directors Approves Separation of GE HealthCare

November 30, 2022 4:17 PM EST

Board sets GE HealthCare distribution date of January 3, 2023, after market close GE shareholders will receive one share of GE HealthCare for every three shares owned GE HealthCare to begin trading on The Nasdaq Market LLC (Nasdaq) on January 4, 2023 under ticker GEHC, and GE will continue to trade on NYSE

BOSTON--(BUSINESS WIRE)-- General Electric Company (GE) (NYSE: GE) announced today that its Board of Directors has approved the previously announced spin-off of its healthcare business, GE Healthcare Holding LLC (GE HealthCare). Prior to such spin-off, GE HealthCare is... More