Honeywell Technologies Spins Off Aerospace, Launches HONA Shares and 1-for-2 Reverse Split
HONA•Honeywell Technologies spun off its Aerospace division, issuing one Honeywell Aerospace share per two Honeywell Technologies shares and debuting common stock on Nasdaq under ticker HONA. It executed a 1-for-2 reverse split, reducing outstanding shares from 634 million to 317 million and halving authorized shares.
1. Spin-Off of Aerospace Division
Honeywell Technologies completed the separation of its Aerospace division on June 29, 2026, distributing one Honeywell Aerospace share for every two Honeywell Technologies shares held as of the June 15 record date. Honeywell Aerospace common stock began trading on Nasdaq under the ticker HONA, establishing a standalone pure-play automation company focused on aerospace technologies.
2. Reverse Stock Split Details
Simultaneously, Honeywell Technologies implemented a 1-for-2 reverse stock split, cutting its issued and outstanding common shares from approximately 634 million to 317 million and reducing authorized shares from 2 billion to 1 billion. Fractional shares will be aggregated and sold by the transfer agent, with cash payments issued to shareowners for any resulting fractions.
