Form 8-K

SECURITIES AND EXCHANGE COMMISSION
 Washington, D.C. 20549

 
FORM 8-K
 
CURRENT REPORT
PURSUANT TO SECTION 13 or 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
 
Date of report (Date of earliest event reported): November 21, 2002
 

GENERAL ELECTRIC COMPANY
(Exact name of registrant as specified in its charter)

New York

      

1-35

      

14-0689340

(State or other jurisdiction of incorporation)

 

(Commission File Number)

 

(IRS Employer Identification No.)

 

3135 Easton Turnpike, Fairfield, Connecticut

    

06828-0001

(Address of principal executive offices)

 

(Zip Code)

Registrant's telephone number, including area code (203) 373-2211

 

Item 5. Other Events

On November 21, 2002, General Electric Company ("GE") issued a press release setting forth management's outlook regarding earnings for 2002 and 2003. The press release also addressed increased reserves at GE Global Insurance Holding Corporation, commonly referred to as Employers Reinsurance Corporation ("ERC"), capital contributions by GE to GE Capital Services ("GECS") and to ERC, the assigning of differentiated leverage to the four new businesses formed as a result of the previously announced reorganization of GECS, an increase in GE's quarterly dividend, and plans related to GE's share repurchase program. GECS will contribute to GE Capital the $4.5 billion it receives from GE. In addition, GE will contribute $1.8 billion to ERC through GECS. A copy of GE's press release is attached hereto as Exhibit 99(a) and hereby incorporated by reference.

Signature

 

                Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

GENERAL ELECTRIC COMPANY
 

 

/s/ Philip D. Ameen
By:   Philip D. Ameen
Vice President and Comptroller
   
Date: November 21, 2002

 

Exhibit Index

99(a) Press release, dated November 21, 2002, issued by General Electric Company