Honeywell Sets Key Dates for Aerospace Business Spin-Off and Reverse Stock Split

Honeywell International Inc. announced that its Board of Directors has set key dates for the spin-off of its Aerospace Technologies business into a new independent, publicly traded company called Honeywell Aerospace Inc. The company also announced its plan to proceed with a 1-for-2 reverse stock split, which is contingent upon the completion of the spin-off.

Key Details

• Aerospace Spin-Off: The record date for the spin-off distribution is June 15, 2026, with an expected distribution date of June 29, 2026.
• Distribution Ratio: Shareholders will receive one share of Honeywell Aerospace common stock for every two shares of Honeywell common stock they hold on the record date.
• New Company Trading: Honeywell Aerospace is expected to begin trading on the Nasdaq under the ticker symbol "HONA" on June 29, 2026.
• Reverse Stock Split: A 1-for-2 reverse stock split for Honeywell's common stock is scheduled to be effective on June 29, 2026. Honeywell will continue to trade on Nasdaq under its existing symbol "HON" on a split-adjusted basis.