DuPont executes reverse stock split, triggering fractional BDR cash payouts in Brazil - DD News | RalliesDuPont executes reverse stock split, triggering fractional BDR cash payouts in Brazil
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DD• Reverse stock split triggers cash payout for fractional BDRs in Brazil
- DuPont carried out a reverse stock split, triggering the sale of 13 U.S.-listed shares to align BDR backing.
- The shares sold at $141.78 each, for gross proceeds of $1,843.14.
- Net proceeds totaled $1,813.10, converted at 5.06 to R$9,176.46 gross.
- After IOF and a 5% fee, net payout was R$8,684.51, or R$668.04 per BDR.
- Payment in Brazil is scheduled for Aug. 11, 2026.
