Honeywell Finalizes Aerospace Spin-Off Dates, Announces 1-for-2 Reverse Stock Split
HON is trading near its 52-week low of $186.76 (14% above the low).
Summary
Honeywell has set the record and distribution dates for its Aerospace spin-off and confirmed a 1-for-2 reverse stock split, contingent on the spin-off's completion.
Key Events · M&A and Partnerships · HON
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Aerospace Spin-Off Finalized
The Board approved June 15, 2026, as the record date and June 29, 2026, as the expected distribution date for the spin-off of Honeywell Aerospace.
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Distribution Ratio Set
Eligible holders will receive one share of Honeywell Aerospace common stock for every two shares of Honeywell common stock held.
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1-for-2 Reverse Stock Split Announced
A 1-for-2 reverse stock split will be effective June 29, 2026, contingent on the spin-off, reducing outstanding shares from approximately 634 million to 317 million.
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Authorized Share Reduction
Concurrently with the reverse stock split, the number of authorized shares will be reduced from 2 billion to 1 billion.
Analysis · HON · Manufacturing
This filing provides definitive dates and terms for the spin-off of Honeywell Aerospace, a major corporate restructuring aimed at unlocking shareholder value. Additionally, the company announced it will proceed with a 1-for-2 reverse stock split and a proportionate reduction in authorized shares, contingent on the spin-off's completion. These actions will significantly alter Honeywell's capital structure and create a new independent aerospace company.
How filings like this one have moved
In the 30 days to Sep 20, 2026, 35% of the 1044 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.44%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, HON was trading at $213.79 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $135.6B. The 52-week trading range was $186.76 to $248.18. This filing was assessed with neutral market sentiment and an importance score of 8 out of 10.