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Hexagon spins off Octave Intelligence, shares start trading on Nasdaq Stockholm and Nasdaq New York

Company Fundamentals
25 May 2026
Na
View Source
Neutral
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Hexagon AB has distributed all shares of its subsidiary Octave Intelligence plc to its shareholders, with Octave's shares now trading on Nasdaq Stockholm under the ticker OCTV SDB and on Nasdaq New York under OCTV. Shareholders received Octave shares proportional to their Hexagon holdings, with Swedish depository receipts (SDRs) facilitating trading in Europe. The spin-off allows Octave to operate as an independent public company, focusing on software for asset lifecycle management. Trading on Nasdaq New York is expected to begin on May 28, 2026, with a six-month period of free SDR-to-share conversion for holders.

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