Tapestry BDR program executes 10-for-1 stock split, ratio shifts to 1:10
TPR•Brazil BDR program split details
Tapestry BDR program in Brazil will execute a mandatory 10-for-1 stock split, shifting the BDR-to-underlying ratio to 1:10.
Each 1 BDR held on 21/08/2026 will receive 9 additional BDRs; the adjustment takes effect at the 24/08/2026 market open.
New BDRs are scheduled to be credited on 26/08/2026; fractional entitlements will be paid in cash, net of income tax.
