Crane Holdings sets April 3 spin-off of Crane Company; record date March 23, when-issued trading March 29

Crane Co

Record date March 23; distribution date April 3; shareholders receive one Crane Co. share per CR share held.
From March 29, CR trades regular-way (with rights) and ex-distribution under CXT WI on NYSE.
Post-spin, Crane Holdings renamed Crane NXT (CXT); Crane Company trades as CR; both start regular way April 4.
Tax-free distribution; no shareholder action required.
Information Statement mailing around March 16; details at www.sec.gov.

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