DuPont and Honeywell to Distribute Shares in Newly Listed Companies

Two major U.S. industrial giants, DuPont and Honeywell, have announced upcoming spin-offs that will see their shareholders receive additional shares in newly listed independent companies.

These transactions are part of broader strategies by both corporations to streamline operations, unlock shareholder value, and allow the spun-off businesses to focus on their core markets and growth opportunities.

DuPont’s separation of Qnity Electronics, Inc

DuPont’s separation involves the creation of Qnity Electronics, Inc., its electronics business, which will become an independent publicly traded company. The spin-off allows DuPont to sharpen its focus on its remaining specialty materials and industrial businesses while enabling Qnity to pursue targeted innovation in advanced electronics materials. Previously, DuPont stated that it intends to retain its water business and only spin off its electronics division. 

“We remain confident in the opportunity to create significant shareholder value through the separation of the Electronics business … Achieving an independent Electronics company as soon as possible is the right decision for our shareholders,” said DuPont Executive Chairman.

Honeywell Spin-Off Solstice Advanced Materials Unit

Honeywell, meanwhile, is preparing to spin off its Solstice Advanced Materials unit. This move will create a new entity dedicated to high-performance, environmentally sustainable materials. Honeywell’s management believes that Solstice will thrive as an independent company with greater flexibility to innovate and grow in the rapidly evolving advanced materials sector.

“Solstice as an independent, industry-leading advanced materials company, and importantly, reflects the continued successful execution of Honeywell’s transformation… I am confident that Solstice will be well-positioned to maximize long-term value for customers, employees and shareowners,” said Chairman and CEO of Honeywell.

The share distribution for both spin-offs will occur through pro rata dividends to existing shareholders. These distributions do not require any action by investors, and the shares will be automatically credited based on existing holdings. 

Spin-off Ratios:

• DuPont (NYSE: DD): 1 share of Qnity Electronics (NYSE: Q) for every 2 shares of DuPont held.
• Honeywell (NASDAQ: HON): 1 share of Solstice Advanced Materials (NASDAQ: SOLS) for every 4 shares of Honeywell held.

Key Dates:

DuPont / Qnity:

• Last trading date for DuPont shares: 31 October 2025
• Distribution date of Qnity shares: 01 November 2025
• Qnity expected to start trading on 03 November 2025

• Last trading date for Honeywell shares: 29 October 2025
• Distribution date for Solstice shares: 30 October 2025
• Solstice expected to start trading on 30 October 2025

Conclusion 

These spin-offs could present potential upside opportunities, as both Qnity and Solstice will start their journeys as independent, publicly traded companies with targeted growth strategies. The separation allows each business to focus more effectively on its core operations, innovation pipeline, and capital allocation priorities, potentially unlocking greater value than when housed within their parent companies. 

Investors could benefit not only from the new shares received but also from the possibility that both the parent and the spun-off entities experience revaluation by the market as they pursue clearer, more defined strategies. However, investors may also want to keep a close eye on post-spin trading activity and look at how these new holdings fit into their broader investment strategy.

Sources – EasyEquities.

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