We would like to inform you that two corporate actions will take place on Honeywell before the market opens on the 29th of June, 2026. These affect both the CFD symbol HON and the real stock symbol HON.XNAS.
1. Demerger
As part of a corporate demerger, Honeywell shareholders are entitled to receive 1 share of Honeywell Aerospace for every 2 Honeywell shares held.
As Honeywell Aerospace will not be available to trade, clients holding a long or short position on HON or HON.XNAS will receive a cash adjustment instead of the Honeywell Aerospace shares. The prices of HON and HON.XNAS will be adjusted accordingly to reflect the demerger.
2. Stock Consolidation
Immediately following the demerger, a stock consolidation of 2:1 (two old shares consolidated into one new share) will be applied.
What this means for your trading:
When a stock consolidation occurs, the price per share increases proportionally while the number of shares held decreases. The total value of your position remains unchanged, and there will be no impact on your profit or loss.
→ Please note that all pending orders on HON and HON.XNAS, including limit, stop, stop-loss, and take-profit orders, will be automatically cancelled before the market opens on June 29th. We recommend reviewing your orders before this date.
If you have any questions or need further clarification, please contact us at support@axiory.com or via live chat on our website and the Axiory portal. We are here to assist you.