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Phillips 66 BDR program executes 8-for-1 stock split in Brazil - PSX News | Rallies

Phillips 66 BDR program executes 8-for-1 stock split in Brazil

PSX•2026-07-22

Brazil BDR split details

Phillips 66 BDR program ratio resets to 1:16 from 1:2 (underlying share:BDR), effective at Brazil market open on 24/08/2026.
Mandatory stock split under the prior 1:2 ratio: each 1 BDR held on 21/08/2026 receives 7 additional BDRs.
Ex-date set for 24/08/2026; record date 25/08/2026; new BDRs credited on 26/08/2026.
Fractional entitlements paid in cash, subject to income tax withholding; no rounding of fractions.

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