Public Storage BDRs undergo 5-for-1 stock split, ratio shifts to 1:25 - PSA News | RalliesPublic Storage BDRs undergo 5-for-1 stock split, ratio shifts to 1:25
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PSA• BDR split details and timetable
- Public Storage BDR program in Brazil will implement a mandatory stock split on Aug. 17, 2026.
- Holders will receive 4 additional BDR for each 1 BDR held on Aug. 14, 2026.
- The BDR-to-underlying ratio will shift to 1:25 from 1:5, effective at the market open on Aug. 17, 2026.
- Fractional entitlements will be settled in cash, net of income tax, via B3.
- New BDRs are scheduled to be credited on Aug. 19, 2026.