Marathon Petroleum BDRs undergo 16-for-1 stock split in Brazil ratio adjustment - MPC News | RalliesMarathon Petroleum BDRs undergo 16-for-1 stock split in Brazil ratio adjustment
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MPC• Brazil BDR ratio adjustment
- Marathon Petroleum BDR program will shift its underlying-to-BDR ratio to 1:16 from 1:1, effective at the 27/07/2026 open.
- Holders as of 24/07/2026 will receive 15 additional BDRs per BDR, reflecting a 16-for-1 stock split on the BDR line.
- BDRs trade ex-split in Brazil on 27/07/2026; new BDRs are credited on 29/07/2026.
- Fractional entitlements will not be delivered in BDRs; they will be paid in cash, subject to income tax deductions.
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