Marathon Petroleum BDR program executes 16-for-1 stock split ratio adjustment in Brazil - MPC News | RalliesMarathon Petroleum BDR program executes 16-for-1 stock split ratio adjustment in Brazil
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MPC• Brazil BDR ratio adjustment
- Marathon Petroleum BDR program in Brazil will undergo a mandatory 16-for-1 stock split via a ratio change from 1:1 to 1:16.
- Each 1 BDR held on 07/08/2026 will receive 15 additional BDR; ex-date in Brazil is 10/08/2026.
- Ratio adjustment takes effect at the market open on 10/08/2026; new BDRs are credited on 12/08/2026.
- Fractional entitlements will not be issued; fractions will be paid in cash, net of income tax.
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