Iron Mountain BDR program executes 12-for-1 stock split ratio adjustment in Brazil - IRM News | RalliesIron Mountain BDR program executes 12-for-1 stock split ratio adjustment in Brazil
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IRM• Brazil BDR program ratio change
- Iron Mountain’s BDR program in Brazil will shift its ratio to 1:12 from 1:1, effective at the market open on 24/08/2026.
- The change is implemented via a mandatory stock split, issuing 11 additional BDRs for each 1 BDR held on 21/08/2026.
- BDRs will trade ex-split on 24/08/2026; new BDRs are scheduled to be credited on 26/08/2026.
- Fractional entitlements will be settled in cash, net of income tax, rather than delivered as BDRs.
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