GE Vernova Enhances Shareholder Returns Amid AI Power Demand Surge
New York, Wednesday, 10 December 2025.
GE Vernova has doubled its dividend and increased its stock buyback program, driven by rising electricity demand from AI applications. This reflects strong confidence in future growth.
Strategic Financial Moves
GE Vernova (NYSE: GEV) has announced a substantial enhancement in its financial strategy by doubling its quarterly dividend to $0.50 per share, effective February 2, 2026, payable to shareholders recorded by January 5, 2026. This move signifies a 100% increase from the previous $0.25 per share dividend, showcasing the company’s robust confidence in its financial health and future growth prospects [1].
Expansion of Share Buyback Program
Accompanying the increased dividend, GE Vernova’s board has authorized a significant expansion of its share buyback program, raising the authorization from $6 billion to $10 billion. As of December 3, 2025, the company had already utilized $3.3 billion of this authorization, illustrating a commitment to returning value to shareholders [2][3].
AI-Driven Growth and Revenue Forecasts
The strategic decisions come in response to a surge in electricity demand, largely driven by increased data center activity and broader electrification needs fueled by artificial intelligence advancements. GE Vernova has also raised its financial outlook, projecting revenue of $36 billion to $37 billion for 2025, with expectations to reach $41 billion to $42 billion in 2026, and $52 billion by 2028 [3][4].
Impact on Stock Performance
Following these announcements, GE Vernova’s stock experienced a significant rise, increasing by 5.9% in after-hours trading on December 7, 2025, and further climbing to a record high of $723.09 on December 9, 2025. This reflects investor confidence in the company’s strategic direction and growth potential, with the stock price reflecting positive market sentiment and future prospects [4][5].