Lennar BDRs in Brazil undergo 8-for-1 stock split, ratio shifts to 1:8 - LEN News | RalliesLennar BDRs in Brazil undergo 8-for-1 stock split, ratio shifts to 1:8
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LEN• Lennar BDR split details and dates
- Lennar set a mandatory 8-for-1 stock split for its BDR program, shifting the underlying-to-BDR ratio from 1:1 to 1:8.
- Each 1 BDR held on Aug. 21, 2026 will receive 7 additional BDRs.
- The ratio change takes effect at the open on Aug. 24, 2026; new BDRs are scheduled to be credited on Aug. 26, 2026.
- Fractional entitlements will be settled in cash, subject to income tax deductions.
