other material
confidence high
sentiment positive
materiality 0.75
Honeywell board approves spin-off of Solstice Advanced Materials; distribution set for Oct 30, 2025
HONEYWELL INTERNATIONAL INC
- Board approved spin-off of Solstice, distribution on Oct 30, 2025 to HON shareholders of record Oct 17, 2025.
- Shareholders receive 1 share of Solstice for every 4 HON shares held.
- Solstice to trade on Nasdaq under SOLS (regular-way) starting Oct 30; when-issued SOLSV from Oct 20.
- Director Rose Lee resigns from Honeywell board to serve on Solstice board effective immediately prior to spin-off.
- Two markets for HON shares Oct 20-29: regular-way (HON) with distribution rights, ex-distribution (HONIV) without.