In a significant corporate restructuring move, S&P Global Inc. (NYSE: SPGI) has successfully completed the separation of its Mobility division, establishing it as an independent public entity named Mobility Global Inc. This milestone was announced on July 1, 2026, marking the culmination of a strategic initiative that has been in the works for the past 15 months.

1. Mobility Global Takes Flight

Mobility Global's common stock officially began trading on the New York Stock Exchange today under the ticker symbol "MBGL". This separation is a strategic decision aimed at enhancing the operational focus and market agility of both companies. Martina Cheung, President and CEO of S&P Global, expressed her pride in the accomplishment, stating, "*The successful completion of this separation reflects the extraordinary work and dedication of the S&P Global and Mobility Global teams over the past 15 months. Together, we have built a strong foundation for Mobility Global as an independent company and both companies stand well-positioned for the future.*"

2. Share Distribution Details

The separation was executed through a pro-rata distribution of 100% of Mobility Global's shares to S&P Global stockholders. Effective at 12:01 a.m. New York City time on July 1, stockholders received one share of Mobility Global common stock for each share of S&P Global held as of the record date, June 15, 2026. Stockholders can expect to see a book-entry account statement or a credit to their brokerage accounts reflecting their new ownership in Mobility Global.

It is important to note that fractional shares of Mobility Global were not distributed directly to stockholders. Instead, any fractional shares were sold in the open market on behalf of the stockholders, with proceeds distributed as cash payments based on their proportional ownership.

3. Upcoming Financial Insights

S&P Global has indicated that it will release recast financial information reflecting the impact of the spin-off on July 6, 2026. This will include financial data for the full year of 2025, the four quarters of 2025, and the first quarter of 2026, providing stakeholders with a clearer picture of the financial landscape post-separation.

4. Advisory Team

The spin-off was facilitated with the support of several financial and legal advisors. Morgan Stanley & Co. LLC, Goldman Sachs & Co. LLC, Citigroup Global Markets Inc., and Evercore Group L.L.C. acted as financial advisors, while legal counsel was provided by Davis Polk & Wardwell LLP and Baker McKenzie LLP.

5. About S&P Global

S&P Global operates as a leading provider of essential intelligence, offering businesses, governments, and individuals access to trusted data, expertise, and technology. The firm prides itself on aiding clients in making informed decisions in a rapidly evolving global landscape, from investments in capital and commodities markets to navigating advancements in artificial intelligence and energy transitions.

The successful spin-off of Mobility Global marks a pivotal moment for both companies, positioning them to leverage their distinct market strengths and improve value creation for their stakeholders moving forward.

Original press release