Item 5. MARKET FOR REGISTRANT'S COMMON EQUITY, RELATED STOCKHOLDER MATTERS, AND ISSUER

PURCHASES OF EQUITY SECURITIES.

GE Vernova common stock is listed on the New York Stock Exchange under the ticker symbol "GEV." As of December 31, 2025, there were

approximately 167,000 stockholders of record.


STOCK PERFORMANCE GRAPH

303

$105

The changes for the periods shown in the above graph are based on the assumption that $100 had been invested in GE Vernova common

stock, the Standard & Poor’s 500 Stock Index (S&P 500), and the Standard & Poor’s 500 Industrials Stock Index (S&P Industrial) on April 2,

2024, and that all dividends were reinvested. On April 2, 2024, the Company began trading as an independent, publicly traded company

under the stock symbol “GEV” on the New York Stock Exchange. The cumulative dollar returns shown on the graph represent the value

that such investments would have had on the date indicated.

During 2025, we paid aggregate quarterly dividends of $1.00 per share of common stock outstanding ($0.25 per share for each dividend

declared). Effective December 9, 2025, the Board of Directors declared a dividend of $0.50 per share of common stock outstanding

payable on February 2, 2026, to stockholders of record as of January 5, 2026. The Company currently expects quarterly dividends to

continue in future periods, although they remain subject to determination and declaration by the Board of Directors. The payment of future

dividends, if any, will be based on several factors, including the Company’s financial performance, outlook, and liquidity.

PURCHASES OF EQUITY SECURITIES BY THE ISSUER AND AFFILIATED PURCHASERS. On December 9, 2025, we announced that

the Board of Directors had authorized an increase of our repurchase program to $10.0 billion of common stock repurchases, from the prior

authorization of $6.0 billion, which was announced on December 10, 2024. The repurchase program may be suspended or discontinued at

any time and does not have a specified expiration date. We repurchased 1.9 million shares for $1,075 million during the three months

ended December 31, 2025, under our repurchase program.

The following table summarizes the share repurchase activity for the three months ended December 31, 2025:


	Total number of shares purchased (in thousands)	Average price paid per share	Total number of shares purchased as part of our share repurchase program (in thousands)	Approximate dollar value of shares that may yet be purchased under our share repurchase program (in millions)
October	1,287	$572.54	1,287	$3,020
November	613	551.84	613	2,681
December	—	—	—	6,681
Total	1,900	$565.86	1,900