Johnson Controls completed the sale of its Residential and Light Commercial HVAC business to Robert Bosch GmbH on July 31, 2025 pursuant to a Stock and Asset Purchase Agreement dated July 23, 2024.

8-KRegulation FD DisclosureFiled Aug 1, 2025Period of report Jul 31, 2025Summary published (UTC) Oct 13, 2026

Key points

AI summary

Johnson Controls completed the sale of its Residential and Light Commercial HVAC business to Robert Bosch GmbH on July 31, 2025 pursuant to a Stock and Asset Purchase Agreement dated July 23, 2024.
The company said the total transaction is valued at $8.1 billion and the company's portion of the consideration is approximately $6.7 billion, with net cash proceeds to Johnson Controls of approximately $5.0 billion after tax and transaction-related expenses.
The company said the transaction includes the North America ducted business and the global residential joint venture with Hitachi, Ltd. Hitachi retained certain ductless HVAC assets located in Shimizu, Japan.
Johnson Controls said it expects to return a portion of the net proceeds of the transaction to shareholders through an accelerated share repurchase program of $5.0 billion expected to commence in the coming weeks pursuant to its previously announced share repurchase authorization, with current overall availability of $9.8 billion.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Completion of R&LC HVAC Business Sale

Johnson Controls completed the sale of its Residential and Light Commercial HVAC business to Robert Bosch GmbH on July 31, 2025 pursuant to a Stock and Asset Purchase Agreement dated July 23, 2024.

Source · Based on the filing body and exhibits

Transaction Value and After-Tax Net Cash Proceeds

The company said the total transaction is valued at $8.1 billion and the company's portion of the consideration is approximately $6.7 billion, with net cash proceeds to Johnson Controls of approximately $5.0 billion after tax and transaction-related expenses.

Source · Based on the filing body and exhibits

Transaction Scope and Hitachi Retained Assets

The company said the transaction includes the North America ducted business and the global residential joint venture with Hitachi, Ltd. Hitachi retained certain ductless HVAC assets located in Shimizu, Japan.

Source · Based on the filing body and exhibits

$5.0 billion Accelerated Share Repurchase Program

Johnson Controls said it expects to return a portion of the net proceeds of the transaction to shareholders through an accelerated share repurchase program of $5.0 billion expected to commence in the coming weeks pursuant to its previously announced share repurchase authorization, with current overall availability of $9.8 billion.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

View the original filing on SEC EDGAR ↗

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