GE Aerospace provides capital allocation framework as a standalone company

GE Aerospace announces its capital allocation priorities as a standalone company: Invest in growth and innovation: R&D and capex to support customers and provide industry leading technology; Return cash to shareholders: ~70-75% of available funds returned through dividend and buy-backs, including initial dividend payout at 30% of net income, subject to board approval, and $15 billion share buy-back authorization; and Focused M&A: disciplined approach with a focus on strategic, operational, and financial synergies. This framework is underpinned by a strong, investment-grade balance sheet, including available cash from free cash flow, future monetization of our AerCap note and remaining equity stake in GE HealthCare, and a post-spin pro forma cash balance of $13B.