Northrop Grumman BDR program executes 10-for-1 stock split on ratio adjustment
NOC•Settlement and book closure
Fractional entitlements will be settled in cash through B3, subject to income tax withholding.
The BDR book will be closed for issuances and cancellations from July 27, 2026 through July 28, 2026.
BDR ratio adjustment in Brazil
Northrop Grumman’s BDR program in Brazil will reset its BDR-to-underlying ratio to 1:50 from 1:5, effective July 27, 2026.
Holders will receive 9 additional BDRs per BDR held on July 24, 2026, reflecting a 10-for-1 stock split at the BDR level.
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