Honeywell share consolidation triggers sale of 9 HONB34 BDR fractional shares in Brazil
HON•Payment timing and implied payout
Cash payment in Brazil is set for Aug. 11, 2026.
The implied payout is BRL 1,177.79 per BDR from the fractional sale.
Sale proceeds and conversion to Brazilian real
Shares were sold at USD 249.23 each, for gross proceeds of USD 2,243.07 and net proceeds of USD 2,213.02.
Converted at 5.0612, the gross amount was BRL 11,200.54 and the net amount was BRL 10,600.08 after IOF of 0.38% and a 5% fee.
Share consolidation created fractional entitlements
Honeywell’s HONB34 BDR program reported a share consolidation that created fractional entitlements, prompting the sale of 9 underlying HON shares.
