Resideo Board of Directors Sets Record Date and Announces Expected Timing for Spin-off of ADI Global Distribution

Resideo's Board approved the spin-off of ADI Global Distribution, setting a record date of July 20 and a distribution date of August 3. Shareholders of record will receive one share of ADI common stock for every two shares of Resideo stock held, with ADI expected to trade on the NYSE under the ticker 'ADIG' starting August 4.

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