- PR Newswire•12 hours ago
CORK, Ireland, Sept. 29, 2016 /PRNewswire/ -- Johnson Controls (JCI) today announced that the Securities and Exchange Commission has declared effective the Registration Statement on Form 10 filed by its automotive seating and interiors business, Adient, in connection with its spin-off from Johnson Controls. The effectiveness of the Form 10 is one of the final important steps towards completing the separation, which is set to occur on October 31, 2016 through a distribution to Johnson Controls shareholders of one ordinary share of Adient for every 10 ordinary shares of Johnson Controls held as of the close of business on Oct. 19, 2016, the record date for the distribution. Adient ordinary shares are expected to begin trading on the New York Stock Exchange (NYSE) on Oct. 31, 2016 under the symbol "ADNT." The company expects "when-issued" trading for Adient ordinary shares to begin Oct. 17, 2016 and continue through Oct. 28, 2016.
- MarketWatch•16 hours ago
A MarketWatch analysis finds other executives faced harsher penalties, including clawbacks of money already spent.
Johnson Controls Inc. (JCI)
NYSE - NYSE Real Time Price. Currency in USD
|Bid||45.01 x 200|
|Ask||46.99 x 200|
|Day's Range||45.75 - 46.62|
|52wk Range||31.73 - 50.65|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||45.59|
|Avg Vol (3m)||4,987,239|
|Dividend & Yield||1.16 (2.58%)|