Honeywell completes aerospace spin-off and reverse stock split

• Honeywell Technologies (NASDAQ:HON) completed the spin-off of its Aerospace Technologies business, now trading as Honeywell Aerospace (NASDAQ:HONA).
• HON executed a 1-for-2 reverse stock split, reducing outstanding shares from approximately 634 million to 317 million.
• The company also reduced authorized shares from 2 billion to 1 billion as part of the corporate restructuring.

Honeywell Technologies (NASDAQ:HON) completed the spin-off of its Aerospace Technologies business, which is now trading independently as Honeywell Aerospace (NASDAQ:HONA).

HON remains listed on Nasdaq following the separation.

The company executed a 1-for-2 reverse stock split, reducing outstanding shares from approximately 634 million to 317 million.

Honeywell also reduced authorized shares from 2 billion to 1 billion.

The spin-off allows both companies to focus on their respective core businesses and growth opportunities.

Honeywell Technologies is a diversified technology and manufacturing leader serving customers worldwide with aerospace, building technologies, performance materials, and safety solutions.

The company continues to position itself for long-term growth through strategic portfolio management and innovation across its remaining businesses.