GE 2005 Annual Report Download - page 24

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(24)
On June 14, 2005, we received a subpoena from the U.S. Attorney’ s Office for the Southern District of
New York seeking documents relating to finite risk insurance. The subpoena is general in nature. GE received a
similar subpoena from the Northeast Regional Office of the SEC on April 29, 2005. We are cooperating fully with
the SEC and the U.S. Attorney’ s Office.
On October 6, 2005, GE and the U.S. Environmental Protection Agency (EPA) entered into and filed in the
U.S. District Court for the Northern District of New York a consent decree that, subject to approval of that court,
represents a comprehensive framework for implementation of the EPA’ s 2002 decision to dredge PCB-containing
sediments in the upper Hudson River. The dredging will be performed in two phases with an intervening peer review
of performance after phase 1. Under this consent decree, we have committed up to $111 million to reimburse the
EPA for its past and future project oversight costs and agreed to perform the first phase of dredging. We further
committed that, subject to future agreement with the EPA about completion of dredging after completion of phase 1
and the peer review, we will be responsible for further costs, including costs of phase 2 dredging. Our Statement of
Financial Position as of December 31, 2005, included liabilities for our estimates of the future costs of this
remediation.
Item 4. Submission of Matters to a Vote of Security Holders
Not applicable.
Part II
Item 5. Market for the Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of
Equity Securities
With respect to “Market Information”, in the United States, GE common stock is listed on the New York Stock
Exchange (its principal market) and on the Boston Stock Exchange. GE common stock also is listed on The London
Stock Exchange and on Euronext Paris. Trading prices, as reported on the New York Stock Exchange, Inc.,
Composite Transactions Tape, and dividend information follow:
Common stock market price Dividends
(In dollars) High Low declared
2005
Fourth quarter $36.34 $32.67 $.25
Third quarter 35.78 32.85 .22
Second quarter 37.34 34.15 .22
First quarter 36.89 34.95 .22
2004
Fourth quarter $37.75 $32.65 $.22
Third quarter 34.53 31.42 .20
Second quarter 33.49 29.55 .20
First quarter 34.57 28.88 .20
As of January 31, 2006, there were about 646,000 shareowner accounts of record.