Tapestry BDRs in Brazil set for 10-for-1 stock split, ratio shifts to 1:10
TPR•Brazil BDR split details
Tapestry BDR program in Brazil is set to execute a 10-for-1 stock split via a ratio change from 1:1 to 1:10 underlying-to-BDR.
- Holders on 29/07/2026 will receive 9 additional BDRs per BDR.
- The ex-date is 30/07/2026.
- The new BDRs are expected to be credited on 03/08/2026.
- Fractional entitlements will be settled in cash through B3, subject to income tax deductions, with no rounding of fractions.
