S&P Global spins off Mobility unit as new public company Mobility Global
S&P Global, Inc.
S&P Global, Inc. SPGI | 0.00 |
- S&P Global will separate its Mobility division into a standalone, publicly traded company named Mobility Global through a pro rata distribution of 100% of Mobility Global shares to shareholders.
- Shareholders will receive 1 Mobility Global share for each SPGI share held on the June 15 record date.
- The distribution is expected to take effect at 12:01 a.m. New York time on July 1.
- Mobility Global is expected to trade when-issued under “MBGL WI” from about June 26 through June 30, with regular-way trading set to start July 1 under “MBGL” on the NYSE.
- Fractional shares will not be issued; fractional entitlements will be sold in the market with cash paid to shareholders based on net proceeds.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. S&P Global Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202605210712PR_NEWS_USPR_____NY64944) on May 21, 2026, and is solely responsible for the information contained therein.
