Explore a career with us. As part of this transaction, shareholders of General Electric received shares in Wabtec.
Creating the energy technologies of the future and improving the power networks that we depend on today. Shareholders are invited to listen to the call via webcast and can register on the company's website a few days before the release date.You can find a list of the analysts that cover Wabtec by clicking The U.S. freight railroad industry produces a number of statistics, most of which are available from the Association of American Railroads, which you can find at For information about the U.S. transit rail industry, you can refer to the website of the American Public Transportation Association (APTA) at GE Aviation is a world-leading provider of aircraft engines, systems and avionics. Discover how our people & technology are solving global issues, improving lives, and changing industries. This transaction is good for GE shareholders, who gain equity in an organization at the forefront of rail innovation; for GE, as we work to reduce leverage and strengthen our balance sheet; and for Wabtec, which now has a stronger and more diversified business mix to serve its customers.
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Access the latest press releases, media contacts, and press tools. My recent sale of Wabtec shows a small capital gain based on the stock price increase since the date of the spinoff. By embracing diverse teams and perspectives, we are better equipped to build a world that works.
Stated another way, for each approximately 186 shares of GE common stock held, a GE shareholder will receive one share of Wabtec common stock.In the transaction, GE received approximately $2.9 billion in cash as well as shares of Wabtec common stock and Wabtec non-voting convertible preferred stock that, together, represent an approximately 24.9% ownership interest in Wabtec.
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Cost Basis Adjustment to GE Shares: No change to historic cost basis of GE shares. Access GE’s recent and historic Annual Reports and accompanying materials. Learn how we’re delivering on our priorities.
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GE Aviation is a world-leading provider of aircraft engines, systems and avionics. Access the latest press releases, media contacts, and press tools. In addition, instead of receiving a fractional share of Wabtec, you may have received a check instead.
Explore the latest stories, news, downloads, and press tools. A culture of integrity, compliance, safety, and respect for human rights, while reducing our environmental footprint.
Learn more about our culture, businesses, and life at GE. Accomplished leaders building GE’s legacy. Find yourself a world changing job. Information on Wabtec’s earnings call will be posted to the Investor Relations section of Wabtec holds a conference call with investors the day of the earnings release. Access important shareholder information. Explore a career with us. GE's innovation engine where ideas become reality to create a better world and deliver differentiated tech across the company's industrial portfolio. At GE, we rise to the challenge of building a world that works. Our technology, global network, and exceptional team is fueled by a mission—building a world that works.
Together with our customers, we’re proving that no one is ever limited to only affordable, reliable, or sustainable energy.
GE owns common stock and non-voting convertible preferred stock, which together represent approximately a 24.9% economic interest in Wabtec on a fully diluted basis… Learn more about our culture, businesses, and life at GE. It looks like you're new here.