Simon Property Group BDRs set for 4-for-1 stock split in Brazil program - SPG News | RalliesSimon Property Group BDRs set for 4-for-1 stock split in Brazil program
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SPG• Brazil BDR split details
- Simon Property Group will implement a mandatory BDR stock split in Brazil, issuing 3 additional BDRs for each 1 held.
- The BDR-to-underlying ratio will shift to 1:16 from 1:4, effective at the market open on 17/08/2026.
- Eligible date set for 14/08/2026; EX-date 17/08/2026; record date 18/08/2026; new BDRs credited 19/08/2026.
- Fractional entitlements will be settled in cash, net of income tax.
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