Parker Hannifin BDRs in Brazil undergo 20-for-1 stock split, ratio shifts to 1:80 - PH News | RalliesParker Hannifin BDRs in Brazil undergo 20-for-1 stock split, ratio shifts to 1:80
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PH• Brazil BDR split and ratio change
- Parker Hannifin’s Brazil BDR program will reset its underlying-to-BDR ratio to 1:80 from 1:4, effective July 27, 2026.
- The change is paired with a mandatory BDR stock split; each 1 BDR held on July 24, 2026 will receive 19 additional BDRs.
- BDRs will trade ex-split in Brazil on July 27, 2026; new BDRs are scheduled to be credited on July 29, 2026.
- Any fractional entitlements will be paid in cash rather than distributed as BDRs.
