Trane Technologies BDRs in Brazil undergo 20-for-1 stock split after ratio change
TT•Brazil BDR program to implement mandatory split
Trane Technologies BDR program in Brazil will implement a mandatory stock split tied to a ratio change from 1:2 to 1:40 (underlying:BDR).
- Each 1 BDR held on 21/08/2026 will receive 19 additional BDRs.
- The ratio change takes effect at the market open on 24/08/2026.
- The record date is 25/08/2026.
- New BDRs are scheduled to be credited on 26/08/2026.
- Fractional entitlements will be paid in cash, net of income tax, with no rounding.
