AEP BDR program executes 1-for-5 stock split as ratio shifts to 1:10
AEP•Brazil BDR ratio reset and split schedule
- AEP’s BDR program in Brazil will reset its underlying-to-BDR ratio to 1:10 from 1:2, effective at the 27/07/2026 open.
- The ratio change is paired with a mandatory BDR stock split; holders receive 4 additional BDR for each 1 BDR held.
- Eligible date: 24/07/2026; ex-date: 27/07/2026; record date: 28/07/2026; new BDR credited: 29/07/2026.
- Fractional entitlements will be paid in cash, subject to income tax deductions.




