General Electric Discloses Baker Hughes Stake of About 25{41490b4d0cf0dbc5ec3f65e11fff509c7d6ed2a53a838ebf7adf43f0908f07f3}

General Electric (GE) – Get Report disclosed in a Securities and Exchange Commission filing Friday that its share of Baker Hughes stock has dropped to 25.7{41490b4d0cf0dbc5ec3f65e11fff509c7d6ed2a53a838ebf7adf43f0908f07f3}, or 267.75 million shares, from 30.1{41490b4d0cf0dbc5ec3f65e11fff509c7d6ed2a53a838ebf7adf43f0908f07f3}, or 311.43 million shares, at the end of January.

That could mean GE garnered almost $1 billion for the shares it sold during the period.

Using data from FactSet, MarketWatch tabulated that based on a volume-weighted average closing price of Baker Hughes stock from Jan. 25 through April 29 of $22.11, the 43.69 million Baker Hughes shares GE sold would have brought it $965.92 million.

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