Delta Air Lines BDR program carries out 6-for-1 stock split on ratio change to 1:6 - DAL News | RalliesDelta Air Lines BDR program carries out 6-for-1 stock split on ratio change to 1:6
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DAL• BDR ratio change and split schedule
- Delta Air Lines BDR program will execute a mandatory 6-for-1 stock split tied to a ratio change from 1:1 to 1:6 (underlying:BDR).
- Holders on Aug. 21, 2026 will receive 5 additional BDRs per BDR held; trading turns ex on Aug. 24, 2026.
- Ratio adjustment takes effect at the market open on Aug. 24, 2026; record date is Aug. 25, 2026; new BDRs credit on Aug. 26, 2026.
- Fractional entitlements will be settled in cash, net of income tax deductions.
