Profitelligence Profitelligence · Filing Ledger Open CMI research →

Form 8-K · Current Report · Filed 2024-02-14

Cummins Inc. Announces Planned Separation of Atmus Filtration Technologies Inc.

On February 14, 2024, Cummins Inc. announced its intention to complete the separation of Atmus Filtration Technologies Inc. by offering to exchange up to all of the shares of Atmus held by Cummins for outstanding shares of Cummins. This is a strategic move aimed at focusing on core business areas. Further details will be provided in future filings.

Filer
Cummins Inc. CMI · NYSE
Filed
Accession
0001104659-24-022914
CIK
0000026172
Signal
Low impactIndustrials

Items reported

Item 8.01

Other Events

Corporate Update

Market reaction

Close before filing

$254.50

Next session

+4.4%

Since filing

+149.2%

Latest close

$634.20

What happened, not what will happen — closing prices around the filing date.

About Cummins Inc.

Cummins Inc. is a global leader in the design, manufacture, and distribution of diesel and natural gas engines, as well as an array of related technologies. Founded in 1919 and headquartered in Columbus, Indiana, the company provides engines and power generation systems that serve a wide range of industries including automotive, construction, agriculture, and marine sectors. Cummins Inc.'s products encompass engines, fuel systems, turbochargers, emissions solutions, and power systems, which play a pivotal role in driving efficiency and sustainability in multiple applications. The company is at the forefront of developing innovative solutions for reducing emissions and maximizing fuel efficiency, making it an essential player amid growing environmental regulations and the global push towards sustainable energy. With a significant presence in over 190 countries through a network of distributors and dealers, Cummins Inc. holds a prominent position in the global industrial and power generation markets, demonstrating resilience through diversified offerings and adaptive technology advancements.

Exchange NYSE Industry Specialty Industrial Machinery Company website ↗

Never miss another CMI filing

Profitelligence watches EDGAR around the clock and alerts you within seconds.

Set up free alerts