Honeywell announced that it has finalized the spin-off of its Advanced Materials business, which will now operate independently as Solstice Advanced Materials. Shares of Solstice are set to begin trading on the Nasdaq Stock Market under the ticker symbol “SOLS,” starting today. Honeywell shares will continue to trade under “HON.”
Vimal Kapur, Chairman and Chief Executive Officer of Honeywell, commented on the move: “The completion of this spin-off marks a major advancement in Honeywell’s transformation to become three independent, industry-leading companies with distinct strategies and growth drivers. It reflects disciplined execution and reinforces our belief that a more focused portfolio will position Honeywell to deliver greater long-term value for shareowners and seize new opportunities to address modern challenges for our customers.”
The distribution was completed at 12:01 a.m. Eastern Time today. Shareholders who held Honeywell stock as of October 17, 2025, received one share of Solstice common stock for every four shares of Honeywell common stock they owned at the close of business on that date. Any fractional shares were compensated with cash.
Further information about this and other Honeywell spin-offs is available on the company’s Investor Relations website.
Honeywell describes itself as an integrated operating company serving industries globally through platforms such as the Honeywell Accelerator operating system and Honeywell Forge platform. The company provides solutions across sectors including aerospace, building automation, industrial automation, process automation, and process technology.
Investors are encouraged by Honeywell to monitor its Investor Relations website for material disclosures in addition to press releases and regulatory filings.
The company also included forward-looking statements in its announcement regarding trends affecting future results. These statements are based on current expectations but are subject to risks such as economic conditions, supply chain disruptions, changes in regulations or tax laws, market volatility, and other factors that could affect performance or delay anticipated benefits from corporate actions like spin-offs.
