DuPont and Honeywell Execute Reverse Stock Splits in Restructuring Efforts
Two major industrial companies have undergone reverse stock splits as part of their restructuring efforts. DuPont de Nemours (NYSE: DD) and Honeywell Technologies (NASDAQ: HON) have executed these splits, reducing their outstanding share counts and bringing the remaining businesses into a more typical price range for large-cap institutional holdings.
On June 24, 2026, DuPont completed its 1-for-3 reverse split. This reduced the company's outstanding share count from approximately 405 million to about 135 million, while cutting authorized shares from around 1.67 billion to roughly 556 million. The stock continues to trade on the New York Stock Exchange under the ticker DD with a new CUSIP of 26614N 201.
Honeywell's reverse split was part of a larger three-way breakup. On October 2025, it spun off its advanced materials division as Solstice Advanced Materials. Then, on June 29, 2026, Honeywell completed the spin-off of its Aerospace Technologies business as Honeywell Aerospace, which now trades independently on Nasdaq under the ticker HONA.
Immediately following the distribution, the remaining automation-focused entity rebranded as Honeywell Technologies and executed a 1-for-2 reverse split. This reduced issued and outstanding shares from roughly 634 million to approximately 317 million and cut authorized shares from 2 billion to 1 billion. Shareholders of record as of June 15, 2026 received one HONA share for every two HON shares held, with cash paid in lieu of fractional shares.