Xcel Energy BDRs in Brazil undergo 4-for-1 stock split, ratio shifts to 1:8
XEL•Brazil BDR program ratio change and stock split
- Xcel Energy BDR program in Brazil will adjust its underlying-to-BDR ratio to 1:8 from 1:2, effective at the market open on 07/30/2026.
- The ratio change is paired with a mandatory stock split; each 1 BDR held on 07/29/2026 will receive 3 additional BDRs.
- BDRs will trade ex-split on 07/30/2026; new BDRs are scheduled to be credited on 08/03/2026.
- Any fractional entitlements will be settled in cash rather than delivered as BDRs.
