Honeywell (NASDAQ: HON) approved the spin-off of Honeywell Aerospace, targeted for completion on June 29, 2026. Shareholders of record on June 15, 2026 will receive one HONA share for every two HON shares. Honeywell Technologies will remain a stand-alone automation company trading as HON, with a 1-for-2 reverse stock split planned post spin-off.
Honeywell Aerospace is expected to trade on Nasdaq as HONAV on a when-issued basis around June 15, 2026 and as HONA regular-way from June 29, 2026.
Honeywell (NASDAQ: HON) set June 15, 2026 as the record date for the spin-off of Honeywell Aerospace. Shareowners of record are expected to receive one HONA share for every two HON shares, with distribution scheduled for June 29, 2026.
A 1-for-2 reverse stock split of HON, halving issued shares from about 634 million to 317 million and reducing authorized shares to 1 billion, is expected to become effective minutes after the spin-off, also on June 29, 2026.