NYSE:GEVElectrical
How Investors May Respond To GE Vernova (GEV) Dividend Hike Buybacks And Vertical Integration Push
Earlier in December, GE Vernova raised its multi‑year revenue outlook, doubled its quarterly dividend to US$0.50 per share from US$0.25, expanded its share repurchase authorization to US$10.00 billion, and outlined M&A plans including the US$5.30 billion Prolec GE acquisition funded with an equal mix of debt and cash.
The company is tightening control of its supply chain through vertical integration deals like Woodward and Prolec GE, aiming to bolster grid equipment capabilities and support...