Ameriprise Financial BDRs undergo 10-for-1 stock split in Brazil program ratio adjustment - AMP News | RalliesAmeriprise Financial BDRs undergo 10-for-1 stock split in Brazil program ratio adjustment
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AMP• Brazil BDR program ratio to reset on Aug. 10, 2026
- Ameriprise Financial BDR program in Brazil will reset its BDR-to-underlying ratio to 1:40 from 1:4, effective Aug. 10, 2026.
- Mandatory 10-for-1 BDR stock split; each BDR held on Aug. 7, 2026 will receive 9 additional BDRs.
- Ex-date Aug. 10, 2026; record date Aug. 11, 2026; new BDRs credited Aug. 12, 2026.
- Fractional entitlements will be paid in cash via B3, subject to income tax deductions.
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