did ge stock reverse split? GE 2021 explained

Did GE stock reverse split? Yes — General Electric completed a 1-for-8 reverse stock split filed July 30, 2021 and trading on an adjusted basis began August 2, 2021. This article summarizes the mec...

2026-01-13 07:34:00

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General Electric reverse stock split (2021)

did ge stock reverse split is a frequent investor question. The short, authoritative answer is yes — General Electric Company (GE) effected a 1-for-8 reverse stock split that was filed on July 30, 2021 and began trading on a split-adjusted basis on August 2, 2021. This article summarizes the background, approval process, mechanics, shareholder effects, and market reaction using GE’s press materials and major financial coverage.

Background

The question did ge stock reverse split gained attention amid GE’s multi-year corporate transformation and divestitures. Prior to the reverse split, GE had reduced businesses and rebalanced capital structure, but retained a large share count relative to peer industrial companies. As of the company’s materials around mid-2021, management cited a desire to align outstanding shares and per-share metrics with peer groups.

Proposal and shareholder approval

When investors asked did ge stock reverse split, GE’s governance steps were already in motion: the company proposed the reverse split to shareholders and received approval at the annual meeting on May 4, 2021. As of May 4, 2021, according to GE’s proxy materials and public filings, shareholders authorized an amendment to the company’s certificate of incorporation enabling the board to implement the split.

Terms and mechanics of the reverse split

Split ratio and corporate filings

The board adopted a 1-for-8 reverse stock split. GE filed the amendment to its certificate of incorporation on July 30, 2021, which set the par value to $0.01 per share consistent with the corporate filing. This answers the common query: did ge stock reverse split — yes, at a 1-for-8 ratio.

Key dates and identifiers

As of July 30, 2021, GE filed the amendment; as of August 2, 2021, GE’s common stock began trading on a split-adjusted basis. The company retained the "GE" ticker; transfer-agent and securities identifiers were updated per standard practice and noted in SEC filings and GE investor materials.

Transfer agent and processing

Equiniti served as the exchange/transfer agent for the split. Registered shareholders received correspondence directly from the transfer agent; beneficial holders (street name) had adjustments handled through brokers and custodians per normal processing timelines.

Effects on shares and shareholders

Outstanding share count and market capitalization

After the 1-for-8 split, the outstanding share count fell roughly eightfold — from about 8.8 billion shares to approximately 1.1 billion shares outstanding per GE’s disclosures. The company stated that market capitalization is theoretically unchanged immediately after the split while per-share price adjusts accordingly.

Fractional shares and cash-in-lieu

GE did not issue fractional shares. Holders with fractional entitlements received cash in lieu for fractional shares; processing differed for registered versus street-name holders in line with the transfer agent’s procedures.

Equity awards and benefit plans

Equity awards, options, and share-unit programs were adjusted proportionally to reflect the 1-for-8 ratio so that vested and unvested plans maintained economic parity pre- and post-split.

Dividends, taxes, and accounting implications

Dividends (if declared) were to be adjusted on a proportional per-share basis. Cash-in-lieu payments for fractional shares could have tax reporting consequences; GE’s communications and the transfer agent advised shareholders to consult tax advisors and review tax forms they receive for the transaction year.

Rationale stated by GE

GE explained the split as a step to reduce outstanding share count and raise the per-share price to levels more aligned with comparable industrial companies after its portfolio changes. Management also cited clearer per-share metrics for investors as part of the rationale.

Market reaction and analysis

As of August 2, 2021, according to GE’s press release and coverage by Yahoo Finance and other outlets, the split produced the expected mechanical increase in per-share price. Financial press commentary (including Barron’s and Fox Business) discussed whether the action would affect liquidity, index inclusion, or institutional demand; immediate market-cap metrics were driven by price action, not the split itself.

Regulatory and listing considerations

Reverse splits are commonly used to meet exchange listing guidelines or to better align with index and investor expectations. GE’s filings did not indicate an exchange delisting threat; the company emphasized alignment with peers as the primary rationale.

Historical context and related corporate actions

The 2021 1-for-8 reverse split is part of a broader multi-year restructuring for GE that included divestitures and strategic repositioning. The split should be read in context of prior and subsequent corporate actions documented in GE’s investor communications and SEC filings.

Post-split developments

Following the split, GE continued investor communications and SEC filings documenting adjustments. Shareholders were directed to GE’s investor relations materials and the transfer agent for transaction specifics.

References

GE press release and investor FAQ — company filings and press materials dated July 30, 2021 and August 2, 2021 (primary sources).
GE proxy statement and annual meeting materials — May 4, 2021 (shareholder approval documentation).
SEC Form 8-K filings and certificate of incorporation amendment — filed July 30, 2021 (official filing record).
Yahoo Finance coverage (August 2, 2021) — market coverage and trading context.
Barron’s analysis (early August 2021) — commentary and analyst viewpoints.
Fox Business reporting (August 2021) — business press reaction.

External links

GE investor relations — Reverse Stock Split materials (refer to GE press release and FAQs dated July–August 2021).
SEC filings — Form 8-K and certificate amendment filed July 30, 2021.
Equiniti (transfer agent) — shareholder processing information.