Simon Property Group BDRs undergo 4-for-1 stock split in Brazil, ratio shifts to 1:16 - SPG News | RalliesSimon Property Group BDRs undergo 4-for-1 stock split in Brazil, ratio shifts to 1:16
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SPG• Brazil BDR split and ratio change
- Simon Property Group BDR program will execute a mandatory 4-for-1 stock split, issuing 3 additional BDRs per BDR held.
- BDR-to-underlying ratio will shift to 1:16 from 1:4, effective at the market open on 30/07/2026.
- Eligible date set for 29/07/2026; new BDRs scheduled to be credited on 03/08/2026.
- Fractional entitlements will be settled in cash, subject to income tax withholding.
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