Honeywell Announces Spin-Off of Honeywell Aerospace and Reverse Stock Split

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announced that its Board of Directors has set a record date of June 15, 2026, for the spin-off of its Aerospace Technologies business into an independent, publicly traded company named 'Honeywell Aerospace Inc.'. The distribution of Honeywell Aerospace shares to Honeywell shareholders is expected to occur on June 29, 2026. Concurrently, Honeywell will proceed with a 1-for-2 reverse stock split, effective on the same date. The spin-off is expected to be tax-free to Honeywell shareholders for U.S. federal income tax purposes, except for cash that shareholders may receive in lieu of fractional shares.

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About Honeywell International Inc.

Honeywell International Inc. is a diversified technology and manufacturing corporation, operating globally across various sectors. Its primary function is to provide innovative solutions in aerospace products and services, building technologies, performance materials, and safety and productivity solutions. Honeywell is renowned for its cutting-edge advancements in thermal systems, automation control, and industrial cybersecurity, supplying essential components across residential, commercial, and industrial domains. In the aerospace sector, Honeywell is instrumental in developing technologies for aircraft engines, cockpit systems, and manufacturing efficiency for both commercial and military clients. In building technologies, it focuses on energy-efficient solutions and smart building systems that enhance safety and comfort. Its performance materials division delivers high-performance materials essential for advanced manufacturing, including specialty chemicals and plastics. The safety and productivity solutions expand into workflow efficiency, offering software and hardware that enhance operational processes in various industries. Positioned as a key player in industrial innovation, Honeywell International Inc. significantly impacts wide-ranging industries, enhancing economic growth and sustainability through its strategic technological advancements. The company's global reach underscores its influence and importance in modern manufacturing and technology ecosystems.