Honeywell International Inc. (HON) announced today that its Board of Directors has set a record date of October 17, 2025 for the previously announced spin‑off of its Advanced Materials business, Solstice Advanced Materials. The company will distribute one share of Solstice common stock for every four shares of Honeywell common stock held as of the record date, with the distribution scheduled for 12:01 a.m. on October 30, 2025.
The spin‑off is expected to be tax‑free to Honeywell shareholders for U.S. federal income tax purposes, except for cash received in lieu of fractional shares. Solstice common stock will begin trading on the Nasdaq under the ticker symbol “SOLS” on October 30, 2025, and a when‑issued market will be available on or about October 20, 2025. Honeywell shares will continue to trade under the ticker “HON” through the distribution date, with an ex‑distribution market (HON WI) available from October 20 to 29, 2025.
By separating its Advanced Materials business into a standalone company, Honeywell aims to unlock value for shareholders and allow each entity to focus on its core markets—automation, aviation, and energy transition. The spin‑off aligns with Honeywell’s broader portfolio optimization strategy and is expected to enhance operational flexibility and capital allocation for both the parent and the new company.
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