other_material
confidence high
sentiment positive
materiality 0.80
Ralliant completes spin-off from Fortive, begins trading as NYSE:RAL, authorizes $200M buyback
Ralliant Corp
- Ralliant separated from Fortive on June 28, 2025; Fortive shareholders received 1 Ralliant share per 3 Fortive shares.
- Borrowed $1.15B under term loan facilities; proceeds paid to Fortive as part of separation consideration.
- Board expanded to 9 directors; Tami Newcombe appointed CEO; Ganesh Moorthy named Chair.
- Board authorized $200M share repurchase with no expiration date.
- Stock began trading on NYSE under symbol 'RAL' on June 30, 2025.
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