Wire
Corteva Board Approves Spin-Off Distribution of Vylor
Corteva (CTVA) said Monday its board has approved the separation of its seed business into an independent public company named Vylor through a pro rata stock dividend.Stockholders of record as of Monday will receive one share of Vylor common stock for every Corteva share held, with the distribution planned for Oct. 1, the company said.Regular-way trading for Vylor shares on the New York Stock Exchange is scheduled to begin on Oct. 1 under the ticker symbol VYLR, it said.Shares of the company were up over 3% in Monday premarket activity.Price: $86.80, Change: $+2.90, Percent Change: +3.45%
$CTVA$VYLR
