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DD

Dupont Announces Separation of Electronics Business

Dupont (NYSE: DD) has announced that its board of directors has approved the separation of its electronics business, Qnity Electronics, Inc. ("Qnity"). To effect the separation, the Dupont board of directors declared a pro rata dividend of all of the issued and outstanding shares of common stock of Qnity. The dividend is expected to occur on November 1, 2025, the distribution date, to Dupont stockholders of record as of the close of business on October 22, 2025, the record date.

In connection with the separation and the distribution, the Qnity board of directors declared a cash dividend of approximately $4.122 billion, plus the pre-funded interest deposit of approximately $66 million made by Dupont in connection with the debt obligations incurred by Qnity, plus any investment returns on the amounts held in escrow in respect of such debt obligations, payable to Dupont.

The New York Stock Exchange (NYSE) has authorized the Qnity common stock for listing and has advised that "when-issued" trading is expected to begin on October 27, 2025, under the symbol "Q WI", with such trading ending at the close of business on October 31, 2025. Following the separation and distribution, Qnity common stock is expected to begin "regular way" trading on the NYSE on Monday, November 3, 2025, under the symbol "Q".

No action is required by Dupont stockholders to receive shares of Qnity common stock in the distribution.

Dupont is a global innovation leader with technology-based materials and solutions, while Qnity is described as a premier technology solutions provider across the semiconductor value chain, empowering AI, high performance computing, and advanced connectivity.

Investors and analysts will be closely watching the impact of this separation on the financials of Dupont and Qnity. Following these announcements, the company's shares moved 2.15%, and are now trading at a price of $77.58. For the full picture, make sure to review DuPont de Nemours's 8-K report.

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