NACCO Industries and Hamilton Beach have completed the spin-off of the small kitchen electrics supplier from its parent company.
At the close of business on Friday, September 29, NACCO will distribute a dividend of one share of Hamilton Beach Brands Holding Company (“Hamilton Beach Holding”) Class A and one share of Hamilton Beach Holding Class B Common stock to holders of each share of NACCO Class A and Class B Common stock.
Hamilton Beach Holding Class A Common stock has been approved for listing on the New York Stock Exchange. On Monday, October 2, Hamilton Beach Holding will begin its first full day as an independent company, and will begin trading its Class A Common stock on the NYSE under the symbol “HBB.”
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