First Solar BDRs in Brazil undergo 10-for-1 stock split as ratio shifts to 1:20 - FSLR News | RalliesFirst Solar BDRs in Brazil undergo 10-for-1 stock split as ratio shifts to 1:20
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FSLR• Brazil BDR ratio reset and split details
- First Solar BDR program in Brazil will reset its underlying-to-BDR ratio to 1:20 from 1:2, effective at the market open on 27/07/2026.
- A mandatory stock split will issue 9 additional BDRs for each 1 BDR held on 24/07/2026 under the prior 1:2 ratio.
- Trading will move to the ex-date on 27/07/2026; new BDRs are scheduled to be credited on 29/07/2026.
- Fractional entitlements will be paid in cash via B3, with no rounding.
