Kellogg Company announced that its Board of Directors formally approved the previously announced separation into two independent, publicly traded companies, Kellanova and WK Kellogg Co. Upon completion of the separation on October 2, 2023, Kellogg Company will be renamed Kellanova, and will continue to trade on the New York Stock Exchange under the ticker symbol “K“, while WK Kellogg Co is expected to begin trading on the NYSE under the ticker symbol “KLG”.
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Read More on K:
- Food stocks hit hard, Kellogg among stocks to buy now, Barron’s says
- Kellogg initiated with a Buy at Spin-Off Research
- Kellogg weakness offers buying opportunity, says Argus
- Kellogg price target lowered to $69 from $74 at Barclays
- Kellogg CEO: 80% of our business will be in snacking, emerging markets