DivestmentJun 29, 2026, 07:01 AM
Honeywell Aerospace Completes Spin-Off, Begins Nasdaq Trading
AI Summary
Honeywell Aerospace Inc. successfully completed its spin-off from Honeywell International Inc. on June 29, 2026, becoming an independent, publicly traded company. Its shares commenced trading on the Nasdaq Stock Market under the ticker symbol "HONA". Shareholders of Honeywell International Inc. (now Honeywell Technologies) received one share of Honeywell Aerospace common stock for every two shares held. The spin-off was formalized through several definitive agreements, and the company also released historical financial information, reporting FY 2025 Net Sales of $17,404 million and Net Income of $2,722 million.
Key Highlights
- Honeywell Aerospace completed its spin-off from Honeywell International Inc. on June 29, 2026.
- Shares of Honeywell Aerospace (HONA) began trading 'regular way' on Nasdaq on June 29, 2026.
- Honeywell Technologies shareholders received one share of HONA for every two shares of HON.
- The spin-off involved definitive agreements including Separation, Transition Services, and Tax Matters.
- Honeywell Aerospace reported FY 2025 Net Sales of $17,404 million and Net Income of $2,722 million.
- FY 2025 Organic Sales Growth for Honeywell Aerospace was 12% compared to FY 2024.
- The company launches with over 36,000 employees and serves more than 10,000 global customers.
Price Impact
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