Cadence Design Systems BDR program delivers 16 additional BDRs per holding in mandatory stock split - CDNS News | RalliesCadence Design Systems BDR program delivers 16 additional BDRs per holding in mandatory stock split
C
CDNS• Cadence Design Systems BDR ratio adjustment and stock split
- Cadence Design Systems BDR program in Brazil will adjust its underlying-to-BDR ratio to 1:34 from 1:2.
- The mandatory stock split will deliver 16 additional BDRs for each 1 BDR held on 21/08/2026.
- BDRs will trade ex-split on 24/08/2026; new BDRs will be credited on 26/08/2026.
- Fractional entitlements will be paid in cash, net of income tax.
