Versigent Debuts on NYSE Following Separation from Aptiv
ECONOMY & POLICY

Versigent Debuts on NYSE Following Separation from Aptiv

Versigent PLC has officially completed its separation from Aptiv PLC and launched as an independent, publicly traded company. The company’s shares began trading today on the New York Stock Exchange under the ticker symbol “VGNT”. Members of Versigent’s leadership team are scheduled to ring the NYSE Opening Bell on April 1, 2026.

Versigent is positioned as a global provider of signal, data and power distribution systems, with a focus on low- and high-voltage electrical architectures. The company operates engineering centres across four continents and has manufacturing operations in more than 25 countries, enabling it to serve customers across multiple high-growth end markets.

“Today marks an important milestone as Versigent begins its next chapter as an independent company built on a century of leadership in advanced power distribution solution systems,” said Joseph Liotine, Chief Executive Officer of Versigent. “As demand grows for greater capability with less complexity, our unmatched combination of engineering expertise, advanced manufacturing excellence, and global scale gives us a distinct advantage.”

Versigent enters the market with 2025 financials showing approximately $8.8 billion in revenue, $528 million in net income and $893 million in adjusted EBITDA. The company said its business model is cash-generative and supported by a strong balance sheet, enabling reinvestment and shareholder returns while maintaining disciplined capital allocation.

“Versigent is well positioned to unlock greater value as we enter the public markets,” said Doug Ostermann, Chief Financial Officer of Versigent. “Our business is globally scaled, highly engineered and consistently cash-generative, with a path to $1 billion in free cash flow by 2028.”

The separation was executed through a distribution of all issued and outstanding Versigent shares to Aptiv shareholders of record as of March 17, 2026. Aptiv shareholders received one Versigent ordinary share for every three shares of Aptiv common stock held, with cash paid in lieu of fractional shares. The transaction was completed as a tax-free spin-off for both Swiss and U.S. federal income tax purposes.

Versigent will announce its first-quarter results on May 5, 2026, followed by a conference call at 4:15 p.m. ET.

Versigent PLC has officially completed its separation from Aptiv PLC and launched as an independent, publicly traded company. The company’s shares began trading today on the New York Stock Exchange under the ticker symbol “VGNT”. Members of Versigent’s leadership team are scheduled to ring the NYSE Opening Bell on April 1, 2026.Versigent is positioned as a global provider of signal, data and power distribution systems, with a focus on low- and high-voltage electrical architectures. The company operates engineering centres across four continents and has manufacturing operations in more than 25 countries, enabling it to serve customers across multiple high-growth end markets.“Today marks an important milestone as Versigent begins its next chapter as an independent company built on a century of leadership in advanced power distribution solution systems,” said Joseph Liotine, Chief Executive Officer of Versigent. “As demand grows for greater capability with less complexity, our unmatched combination of engineering expertise, advanced manufacturing excellence, and global scale gives us a distinct advantage.”Versigent enters the market with 2025 financials showing approximately $8.8 billion in revenue, $528 million in net income and $893 million in adjusted EBITDA. The company said its business model is cash-generative and supported by a strong balance sheet, enabling reinvestment and shareholder returns while maintaining disciplined capital allocation.“Versigent is well positioned to unlock greater value as we enter the public markets,” said Doug Ostermann, Chief Financial Officer of Versigent. “Our business is globally scaled, highly engineered and consistently cash-generative, with a path to $1 billion in free cash flow by 2028.”The separation was executed through a distribution of all issued and outstanding Versigent shares to Aptiv shareholders of record as of March 17, 2026. Aptiv shareholders received one Versigent ordinary share for every three shares of Aptiv common stock held, with cash paid in lieu of fractional shares. The transaction was completed as a tax-free spin-off for both Swiss and U.S. federal income tax purposes.Versigent will announce its first-quarter results on May 5, 2026, followed by a conference call at 4:15 p.m. ET.

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