GE Vernova Soars After AI Spurs Higher Dividend and Buybacks
Yahoo Finance·2025-12-10 22:45

GE Vernova Inc. surged to a record high after showering shareholders with rewards in the latest sign that demand for new natural gas-fired power will remain robust for years into the future. Shares of the supplier of electric-generation equipment climbed 16% to $723.09 at 9:38 a.m. in New York, a day after it doubled its dividend, increased the scope for share buybacks and raised earnings projections at an investor day in New York. Most Read from Bloomberg GE Vernova has benefited from soaring US demand ...