GENERAL ELECTRIC CO
For the period ended Mar 31, 2024. Filed Apr 23, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed Apr 23, 2024
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PURCHASES OF EQUITY SECURITIES BY THE ISSUER AND AFFILIATED PURCHASERS. On March 6, 2022, the Board of Directors authorized up to $3 billion of common share repurchases. We repurchased 1,050 thousand shares for $144 million during the three months ended March 31, 2024 under this authorization. On March 7, 2024 General Electric Company announced that the Board of Directors had provided a new authorization for up to $15 billion of common share repurchases, which will replace the prior $3 billion authorization, with an effective date of April 24, 2024.
| 2024 (Shares in thousands) | Total number of shares purchased | Average price paid per share | Total number of shares purchased as part of our share repurchase authorization | Approximate dollar value of shares that may yet be purchased under our share repurchase authorization |
|---|---|---|---|---|
| January | 504 | $129.99 | 504 | |
| February | 546 | 144.35 | 546 | |
| March | — | — | — | |
| Total | 1,050 | $137.45 | 1,050 | $794 |
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