Raymond James BDRs in Brazil jump to 6-for-1 split as ratio shifts to 1:12 - RJF News | RalliesRaymond James BDRs in Brazil jump to 6-for-1 split as ratio shifts to 1:12
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RJF• Brazil BDR ratio reset and split details
- Raymond James Financial BDR program will reset the underlying-to-BDR ratio to 1:12 from 1:2, effective 27/07/2026.
- A mandatory BDR stock split will issue 5 additional BDRs for each 1 BDR held on 24/07/2026.
- Trading will go ex-split in Brazil on 27/07/2026; new BDRs are scheduled to be credited on 29/07/2026.
- Fractional entitlements will be paid in cash via B3, subject to income tax deductions.
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