Resideo Technologies Inc. has announced strategic plans to separate into two independent public companies, aiming to create focused entities with clear growth priorities. This move is expected to enhance strategic alignment and management focus, ultimately driving long-term success and shareholder value. Additionally, Resideo has entered into a definitive agreement with Honeywell to terminate the Indemnification and Reimbursement Agreement, accelerating and eliminating all future payments and obligations. This provides increased strategic and financial flexibility for Resideo. The company has made its regularly scheduled payment of $35 million in July 2025 and will make a one-time cash payment of $1.59 billion to Honeywell in the third quarter of 2025. You can access the full presentation through the link below.