Cummins BDR program carries out 13-for-1 stock split in Brazil on Aug. 17 - CMI News | RalliesCummins BDR program carries out 13-for-1 stock split in Brazil on Aug. 17
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CMI• Brazil BDR stock split details
- Cummins BDR program to undergo a mandatory stock split tied to a ratio change from 1:4 to 1:56 (underlying:BDR).
- Each 1 BDR held on 14/08/2026 will receive 13 additional BDRs; ex-date set for 17/08/2026.
- Ratio adjustment takes effect at the open on 17/08/2026; new BDRs credited on 19/08/2026.
- Any fractional entitlements will be settled in cash, net of income tax.
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