Notification via fax to: (215) 553-5402; attention Lost Securities Dept. On May 21, 2018, GE and Wabtec confirmed the merger of GE Transportation with Wabtec in an $11 billion deal, completed on February 25, 2019, that saw Wabtec shareholders take a 50.8% shareholding in the merged . Note that all shares held in a plan will be in DRS (book-entry) form. You should receive your 1099 by mid-February. Phone: 412-825-1000 Read GEs 2022 Proxy Statement, vote your shares and access the 2022 Annual Meeting. December 10, 2021The Board of Directors of GE (NYSE: GE) today declared a $0.08 per share dividend on the outstanding common stock of the Company. Learn More. Based on Wabtec share price of $83.79 on 19-Apr-2018, the last unaffected trading day prior to media speculation regarding a potential transaction, and Wabtec fully diluted share count. Readers are cautioned not to place undue reliance on any of these forward-looking statements. As it stands, GE expects $6 billion to $7 billion in industrial FCF in 2018, which is intended to fund a $4.2 billion dividend payment. Microsoft is retiring and will no longer support Internet Explorer. 40.2% of the combined entity will go to GE shareholders and 9.9% retained by GE. Split Adjustment 1. I am certainly no expert in how index membership decisions are made, but its worth watching. On July 12, 2017, Wells Fargo Bank N.A. Capitalize on digital/electronic technologies to develop autonomous capabilities:Bringing together GE Transportations digital solutions with Wabtecs electronic systems is expected to drive the advancement and implementation of technology solutions to improve safety, efficiency and productivity for the transportation industry. Meanwhile, the structure of the deal is a nice way to return capital to GE shareholders. The S-4 SEC filing amended sometime like 1/25/19 seems to support that taxable change. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. Together we are well positioned to take advantage of the opportunities created by industry trends toward efficiency and improved performance and, with the merger complete, we are focused on leveraging our complementary portfolios to spur growth..
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