Lennar BDR program executes 8-for-1 stock split, effective July 30 - LEN News | RalliesLennar BDR program executes 8-for-1 stock split, effective July 30
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LEN• 8-for-1 BDR split details
- Lennar will implement a mandatory 8-for-1 BDR stock split tied to a ratio change from 1:1 to 1:8 (Underlying:BDR).
- Holders will receive 7 additional BDRs for each 1 BDR held on July 29, 2026.
- Ex-date set for July 30, 2026; ratio change takes effect at the market open that day.
- New BDRs scheduled to be credited on Aug. 3, 2026.
- Fractional entitlements will be settled in cash, subject to income tax deductions.
