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GE Vernova expects to invest $1B annually in R&D

GE Vernova (GEV) is expected to spin off from GE (GE) on April 2, and list on the New York Stock Exchange under the ticker symbol “GEV.” On February 29, to effect the separation, GE’s Board of Directors approved a distribution to GE shareholders of all shares of GE Vernova’s common stock.

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