S&P Global Approves One-for-One Mobility Global Spin-Off Effective July 1
S&P Global's board approved the spin-off of Mobility Global Inc., distributing one share of Mobility Global common stock for each S&P Global share held on the June 15, 2026 record date. Mobility Global shares will begin when-issued trading under the symbol MBGL WI around June 26 and list on the NYSE under MBGL on July 1, 2026.
1. Board Approval of Separation
S&P Global’s board has approved the previously announced separation of its Mobility division into an independent public company, Mobility Global Inc. The separation will be executed via a pro rata distribution of 100% of Mobility Global common stock to S&P Global shareholders.
2. Distribution Mechanics and Timeline
Shareholders of record on June 15, 2026 will receive one share of Mobility Global common stock for each S&P Global share held. The distribution is expected to be effective at 12:01 a.m. on July 1, 2026, with book-entry statements or brokerage credits reflecting new holdings and cash payments made for any fractional shares sold in the open market.
3. Trading and Listing Details
A when-issued trading market for Mobility Global common stock will commence around June 26, 2026 under the symbol MBGL WI and run through June 30. Regular-way trading of Mobility Global shares is expected to begin on July 1, 2026 under the ticker MBGL, while S&P Global shares will trade ex-distribution under a distinct symbol during the same period.
4. Conditions for Completion
The spin-off remains subject to customary conditions, including effectiveness of Mobility Global’s SEC registration statement and no board determination against proceeding. Shareholders will receive an information statement detailing risks and separation specifics prior to the distribution.