Honeywell to Spin Off Aerospace on June 29, 2026 with 1-for-2 Reverse Split
HON•Honeywell plans to spin off its Aerospace division into a new publicly traded Honeywell Aerospace on June 29, 2026, with a 1-for-2 reverse stock split following the distribution. Its activated alumina segment could benefit from a global market projected to reach USD 2.26 billion by 2035 at a 6.44% CAGR.
1. Spin-Off Details
Honeywell will separate its Aerospace division to form a standalone Honeywell Aerospace company and rename the remaining operations Honeywell Technologies, aiming to sharpen strategic focus and unlock shareholder value.
2. Reverse Split Mechanism
Following the spin-off distribution, Honeywell will enact a 1-for-2 reverse stock split, consolidating every two existing shares into one new share without altering the total value of investors’ holdings.
3. Transaction Timeline
Investors of record as of June 15, 2026 will receive one share of Honeywell Aerospace for every two Honeywell shares held, with the spin-off and reverse split effective on June 29, 2026.
4. Alumina Market Growth Relevance
Honeywell’s activated alumina products stand to gain from a market expansion from USD 1.22 billion in 2025 to USD 2.26 billion by 2035 at a 6.44% CAGR, driven by water treatment and industrial gas drying demand.
