Moody’s BDR ratio shifts to 1:32, delivering 7 new BDRs per holding in stock split
MCO•Moody’s Brazil BDR ratio and stock split details
- Moody’s BDR program in Brazil will reset its underlying-to-BDR ratio to 1:32 from 1:4, effective 27/07/2026.
- A mandatory 8-for-1 BDR stock split will deliver 7 additional BDRs per BDR held on 24/07/2026.
- BDRs will trade ex-split from 27/07/2026; new BDRs are scheduled to be credited on 29/07/2026.
- Fractional entitlements will be settled in cash, with no rounding of fractions.




