GE HealthCare Technologies Announces Secondary Offering Of 25M Shares
Portfolio Pulse from Benzinga Newsdesk
GE HealthCare Technologies announced a secondary offering of 25 million shares. This move could potentially dilute the value of existing shares and raise capital for the company.

June 05, 2023 | 8:12 pm
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GE HealthCare Technologies' secondary offering of 25 million shares may dilute the value of existing shares and raise capital for the company.
The secondary offering of 25 million shares by GE HealthCare Technologies could lead to a dilution of the value of existing shares, as more shares are introduced into the market. This may negatively impact the stock price in the short term. However, the offering could also raise capital for the company, which could be used for growth and expansion.
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