CIBC seeks TSX listing for Honeywell Aerospace CDRs under symbol HONA
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CIBC has applied to list new Canadian Depositary Receipts (CDRs) for Honeywell Aerospace on the TSX under the symbol HONA. These CDRs will be distributed 1-for-1 to existing Honeywell CDR holders following Honeywell's planned Aerospace spin-off, targeted for June 29, 2026. The distribution ratio is one Aerospace share for every two Honeywell shares. CIBC reserves the right to cancel the listing if the spin-off does not proceed as outlined.
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