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Fortive Sets June 28, 2025 For Completion Of Ralliant Spin-Off; Shareholders to Receive 1 Ralliant Share For Every 3 Fortive Shares Held As Of June 16 Record Date, With "When-Issued" Trading to Begin June 25
Fortive Corp. FTV | 54.93 | -0.96% |
- Expected separation completion date of June 28, 2025
- Record date for distribution of Ralliant common stock will be June 16, 2025
- "When-issued" trading of Ralliant common stock expected to begin on June 25, 2025
- Ralliant to host an investor day conference on June 10, 2025
Fortive Corporation ("Fortive") (NYSE:FTV) today announced that its Board of Directors has declared a pro rata dividend of 100% of the outstanding common stock of Ralliant Corporation ("Ralliant") to Fortive's shareholders of record as of the close of business on June 16, 2025 (the "Record Date"). The dividend is payable at 12:01 a.m. ET on June 28, 2025 ("Distribution Date") with Fortive shareholders receiving one share of Ralliant common stock for every three shares of Fortive common stock they hold on the Record Date. Fortive shareholders will receive cash in lieu of any fractional shares of our common stock that they would have received after application of this ratio.


