AEP BDR program undergoes 5-for-1 stock split on Aug. 14 record date - AEP News | RalliesAEP BDR program undergoes 5-for-1 stock split on Aug. 14 record date
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AEP• AEP BDR program to adjust ratio and execute split
- AEP’s BDR program in Brazil will adjust its underlying-to-BDR ratio to 1:10 from 1:2, effective Aug. 17, 2026.
- The program will also execute a mandatory stock split, issuing 4 additional BDRs for each 1 BDR held on Aug. 14, 2026.
- BDRs will trade ex-split on Aug. 17, 2026; new BDRs are scheduled to be credited on Aug. 19, 2026.
- Any fractional entitlements will be settled in cash, subject to income tax deductions.
