Resideo completes tax-free spin-off of ADI Global Distribution in corporate breakup
REZI•Resideo completes spin-off of ADI Global Distribution
- Resideo completed the spin-off of its wholesale distribution business, ADI Global Distribution, on Aug. 3, 2026.
- The transaction was structured as a tax-free, pro rata distribution of 100% of ADI common stock to Resideo shareholders.
- Shareholders received 1 ADI share for every 2 Resideo shares held as of July 20, 2026.
- ADI began trading on the NYSE under the symbol ADIG.
- Resideo no longer consolidates ADI; ADI results will be reported as discontinued operations under U.S. GAAP.
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