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Mar 15, 2023 · The company intends to complete the spin-off by the end of 2023, after it announced the initial plan last June. Once completed, these names will officially go into effect. Steve Cahillane, who is ...
- 8 min
- Brooke DiPalma
On October 2, 2023, Kellogg Company (NYSE: K) completed the separation of its North American cereal business through a tax-free spin-off of WK Kellogg Co to Kellogg Company shareholders. WK Kellogg Co is independent, public company trading on the New York Stock Exchange (NYSE) under the ticker symbol “KLG”.
Oct 2, 2023 · The separation was achieved through the distribution of all of the shares of WK Kellogg Co to holders of Kellanova common stock at 12:01 a.m. EDT on October 2, 2023, with Kellanova shareowners receiving one share of WK Kellogg Co common stock for every four shares of Kellanova common stock held as of the close of business on the record date of September 21, 2023.
Sep 11, 2023 · At 12:01am EDT on October 2, 2023, Kellogg shareowners of record as of September 21, 2023, will receive 1 share of WK Kellogg Co (KLG) for every 4 shares of Kellogg Company (K) owned.
Mar 15, 2023 · BATTLE CREEK, Mich., March 15, 2023 /PRNewswire/ -- Kellogg Company (NYSE: K) today unveiled the names for the future companies it will create through its planned separation into two industry-leading, public companies focused on global snacking and North American cereal. The names will go into effect in connection with the spin-off of the North American cereal business, which Kellogg Company ...
Sep 11, 2023 · USA TODAY. 0:02. 1:26. Kellogg Company is splitting in to two independently traded companies, spinning off their global snacking business into Kellanova and North American cereal brand into WK ...
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Aug 9, 2023 · On June 21, 2022, Kellogg Company announced that its Board of Directors had approved a plan to pursue a separation of its North American cereal business ("WK Kellogg Co"), via a tax-free spin-off. Kellogg Company remains on track to complete the separation during the fourth quarter of 2023, subject to certain customary conditions, including ...
