ADI begins trading as independent public company following Resideo spin-off

SCOTTSDALE, Ariz.—ADI Global Distribution on Aug. 4 began trading on the New York Stock Exchange following the completion of its spin-off from Resideo Technologies. 

Resideo first announced plans to divest ADI in July 2025. Resideo will continue trading under the ticker symbol REZI, while ADI trades under ADIG.  

The transaction was completed through the distribution of all outstanding shares of ADI common stock to Resideo shareholders on the basis of one ADI share for every two Resideo shares held as of the close of business on July 20. Shareholders of record will also receive cash in lieu of any fractional shares to which they would otherwise be entitled.  

“With trusted and iconic brands, deep relationships with pros and a 140-year heritage of innovation, Resideo is poised to start this next chapter as a pure-play building technologies company,” said Resideo President and CEO Tom Surran. “With dedicated strategic, operational and financial focus, we are ready to capture the profitable growth opportunities ahead and drive above market growth and sustained margin expansion.”  

In connection with the spin-off, Resideo repaid $900 million of outstanding principal under its Term Loan B credit facility. The company also expects to make a further repayment of approximately $200 million following completion of the post-closing cash adjustment under the separation agreement with ADI and said it expects that repayment to occur by the end of the third fiscal quarter.  

Ahead of the separation, ADI President Rob Aarnes said the spin-off is a “natural next step” in the distributor's evolution and said the company would benefit from a “sharper strategic focus and dedicated operational and financial resources” as an independent business. 

“By strengthening our core distribution capabilities, expanding into adjacent spaces and delivering innovative products and services, we'll be better positioned to help our customers grow and succeed,” Aarnes told Security Systems News in August 2025. “And with our dedicated team and a proven track record, we're ready to drive long-term value and help move the industry forward.” 

Related: Resideo signals pricing actions, progresses ADI spinoff 

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