BATTLE CREEK, MICH. — The board of directors of the Kellogg Co. has approved the previously announced separation of the company into two independent, publicly traded companies: Kellanova and WK Kellogg Co.
The separation is scheduled to be completed Oct. 2. Kellogg Co. will be renamed Kellanova and will continue to trade on the New York Stock Exchange under the ticker symbol “K.” WK Kellogg Co. will begin trading on the New York Stock Exchange under the ticker symbol “KLG.” Kellogg shareowners as of Sept. 21 will receive one share of WK Kellogg Co. for every four shares of Kellogg Co. they own.