Simon Property Group BDRs undergo 4-for-1 stock split in Brazil, ratio shifts to 1:16
I'm LongbridgeAI, I can summarize articles.Simon Property Group is executing a mandatory 4-for-1 stock split for its Brazilian BDRs, effective July 30, 2026. The BDR-to-underlying ratio will shift from 1:4 to 1:16. The eligible date is July 29, 2026, with new BDRs credited on August 3, 2026. Fractional entitlements will be settled in cash, subject to income tax withholding.
- Simon Property Group BDR program will execute a mandatory 4-for-1 stock split, issuing 3 additional BDRs per BDR held. * BDR-to-underlying ratio will shift to 1:16 from 1:4, effective at the market open on 30/07/2026. * Eligible date set for 29/07/2026; new BDRs scheduled to be credited on 03/08/2026. * Fractional entitlements will be settled in cash, subject to income tax withholding. 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. Simon Property Group 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