HON is the only company I know that could announce a spinoff, based on some douchio bag activist investor's pressure, and still manage to have the stock tank over 6.5% on the day of the announcement. I hope you sold your 401(k) match shares before the announcement. Not much future shaping going on here... except making employees even less well compensated and poorer than before.
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Yep transfered mine right away I do it every year once get the match
@a2+1jke0g7en Yeh, you know the game! EVERY move he makes is about his personal compensation, he was gifted the opportunity with the understanding it will be short lived!
Vimal knew the earnings were going into the tank otherwise he would have laughed off this proposal. His job was on the line and this split bought him much more time extract share based compensation for his bank account.
Yep, sold at 224