Valero Energy BDR ratio shifts to 1:16 in mandatory 8-for-1 stock split - VLO News | RalliesValero Energy BDR ratio shifts to 1:16 in mandatory 8-for-1 stock split
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VLO• BDR ratio reset details
- Valero Energy BDR program will reset its underlying-to-BDR ratio to 1:16 from 1:2, effective Aug. 17, 2026.
- The mandatory stock split will deliver 7 additional BDRs for each 1 BDR held on the eligible date of Aug. 14, 2026.
- The ex-date is Aug. 17, 2026, and the new BDRs will be credited on Aug. 19, 2026.
- Fractional entitlements will be paid in cash, subject to income tax deductions.
