Howmet Aerospace BDR program sets 25-for-1 stock split ratio adjustment in Brazil
I'm LongbridgeAI, I can summarize articles.Howmet Aerospace is adjusting its Brazilian Depositary Receipt (BDR) program, shifting the underlying-to-BDR ratio from 1:1 to 1:25. This mandatory stock split takes effect at the Brazil market open on July 27, 2026. Holders of BDRs as of July 24, 2026, will receive 24 additional BDRs for each held. Book closure for issuance or cancellation occurs from July 27-28, with new BDRs credited on July 29. Fractional entitlements are paid in cash.
- Howmet Aerospace BDR program will shift its underlying-to-BDR ratio to 1:25 from 1:1, effective at Brazil market open on 27/07/2026. * Mandatory BDR stock split will deliver 24 additional BDRs per BDR held on 24/07/2026. * Books close for BDR issuance or cancellation from 27/07/2026 to 28/07/2026; new BDRs credit on 29/07/2026. * Fractional entitlements will be paid in cash, subject to income tax withholding; no rounding of fractions. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Howmet Aerospace Inc. published the original content used to generate this news brief on July 15, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here