AvalonBay Communities BDRs undergo 4-for-1 stock split in Brazil ratio adjustment - AVB News | RalliesAvalonBay Communities BDRs undergo 4-for-1 stock split in Brazil ratio adjustment
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AVB• Brazil BDR ratio adjustment
- AvalonBay Communities will implement a mandatory BDR stock split tied to a ratio change in its Brazilian depositary receipt program.
- The BDR-to-underlying ratio shifts to 1:16 from 1:4, effective at the market open on 24/08/2026.
- Holders receive 3 additional BDRs for each 1 BDR held on 21/08/2026; new BDRs credited on 26/08/2026.
- Fractional entitlements will be settled in cash, subject to income tax deductions.
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