DuPont board approves spinoff of electronics unit Qnity

DuPont (NYSE: DD) announced its board of directors approved the tax-free separation of its electronics business, Qnity Electronics, Inc., on October 15, 2025.

The company declared a pro rata dividend distribution of Qnity common stock to DuPont stockholders as of October 22, 2025. The distribution is scheduled for November 1, 2025.

Under the distribution terms, DuPont stockholders will receive one share of Qnity common stock for every two shares of DuPont common stock held on the record date. Stockholders will receive cash instead of fractional shares.

Following the separation, DuPont stockholders will own 100% of Qnity's outstanding shares, and Qnity will operate as an independent publicly traded company. The completion of the separation remains subject to certain conditions outlined in Qnity's October 15 filing with the Securities and Exchange Commission.

The New York Stock Exchange authorized Qnity common stock for listing. When-issued trading is expected to begin October 27, 2025, under the symbol "Q WI" and continue through October 31, 2025. Regular trading of Qnity shares is expected to commence November 3, 2025, under the symbol "Q".

During October 27-31, 2025, DuPont common stock will trade in two markets on the NYSE: regular-way trading under "DD" with rights to receive Qnity shares, and ex-distribution trading under "DD WI" without such rights.

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