GE · 10-Q · 2026Q2 · Full report
Capital Return Program
GENERAL ELECTRIC CO · 2026-07-16 · Importance 75 · Surprise 60 · Matches filing data
In December 2025 the Board authorized up to $20 billion for common share repurchases via open market or privately negotiated transactions, including accelerated share repurchases. Under that authorization the Company repurchased 6,888 thousand shares for $2,012 million during the three months ended June 30, 2026 and repurchased 14.1 million shares for $4,223 million during the six months ended June 30, 2026. Approximately $17,988 million remained available under the $20 billion authorization as of June 30, 2026. The repurchases were executed via multiple strategies including accelerated repurchases and plans complying with Rule 10b5‑1/10b‑18; the program is discretionary and does not obligate the Company to acquire specific share amounts.
Key facts
- The Board of Directors authorized up to $20 billion of common share repurchases in December 2025. source
- In Q2 the company repurchased 6.9 million shares for $2.0 billion, including repurchases of 3.5 million shares for $1.0 billion using accelerated stock repurchases. source
- GE repurchased 6,888 thousand shares for $2,012 million during the three months ended June 30, 2026 under the $20 billion authorization. source
- Cash used for financing activities was $(6.4) billion for the six months ended June 30, 2026, an increase of $0.9 billion compared to 2025, primarily due to an increase in treasury stock repurchases of $0.8 billion and higher dividends paid of $0.2 billion, partially offset by lower debt maturities of $0.2 billion. source
- Approximate dollar value of shares that may yet be purchased under the $20 billion share repurchase authorization as of June 30, 2026: $17,988 million. source
- Total common shares outstanding at June 30, 2026: 1,037,562,513 and at December 31, 2025: 1,048,766,702. source
- GE repurchased 6.9 million shares for $2,012 million during the three months ended June 30, 2026 and repurchased 14.1 million shares for $4,223 million during the six months ended June 30, 2026. source
- Dividends declared per common share: $0.47 for the three months ended June 30, 2026 and $0.94 for the six months ended June 30, 2026. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | realized | -1.6% | GE repurchased 6,888 thousand shares for $2,012 million during the three months ended June 30, 2026 under the $20 billion authorization. |
| cash | negative | realized | -0.7% | Cash used for financing activities was $(6.4) billion for the six months ended June 30, 2026, an increase of $0.9 billion compared to… |