Honeywell sets June 15 record date for Aerospace spin-off

1 min read     Updated on 06 Jun 2026, 03:20 PM
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AI Summary

Honeywell announced June 15, 2026, as the record date for the spin-off of Honeywell Aerospace, with a distribution ratio of one share of Honeywell Aerospace for every two shares of Honeywell common stock held. The distribution is set for June 29, 2026, when Honeywell Aerospace will begin trading on Nasdaq under the ticker symbol "HONA." Honeywell will continue trading under its existing ticker "HON."

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Honeywell has established June 15, 2026, as the record date for the spin-off of its Aerospace business, a move that will result in shareowners receiving one share of Honeywell Aerospace common stock for every two shares of Honeywell common stock owned. The distribution is scheduled to occur on June 29, 2026, at 12:01 a.m., New York City time. Following this separation, Honeywell Aerospace is expected to commence trading on the Nasdaq Stock Market LLC under the ticker symbol "HONA" on the same date, while Honeywell will continue to trade under its existing ticker "HON."

To execute the spin-off, Honeywell will distribute all issued and outstanding shares of Honeywell Aerospace common stock pro rata to shareowners of record as of the close of business on the Record Date. The distribution ratio is fixed at one share of Honeywell Aerospace common stock for every two shares of Honeywell common stock held. The Board of Directors has approved these steps to finalize the separation of the aerospace unit.

Key Dates and Ratios

Event Date Details
Record Date June 15, 2026 Shareowners of record on this date will receive the distribution.
Distribution Date June 29, 2026 Distribution expected at 12:01 a.m., New York City time.
Trading Commencement June 29, 2026 Honeywell Aerospace to trade on Nasdaq under ticker "HONA."

Honeywell will retain its listing on Nasdaq under the symbol "HON" following the completion of the spin-off. The separation allows Honeywell Aerospace to operate as an independent publicly traded entity.

How will the separation impact Honeywell's remaining revenue streams and overall market valuation?

What strategic shifts can investors expect from the independent Honeywell Aerospace entity post-spin-off?

How might the spin-off influence Honeywell's ability to pursue acquisitions or divestitures in other sectors?

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