General Mills BDR program executes 3-for-1 stock split, effective July 30 in Brazil
I'm LongbridgeAI, I can summarize articles.General Mills is executing a mandatory 3-for-1 stock split for its Brazilian BDR program, effective July 30, 2026. The BDR-to-underlying ratio will change from 1:1 to 1:3. Eligible shareholders holding one BDR will receive two additional BDRs. Fractional entitlements will not be rounded; instead, cash payments in lieu of fractional shares will be issued, subject to income tax deductions.
- General Mills BDR program in Brazil will execute a mandatory 3-for-1 stock split, delivering 2 additional BDRs for each 1 held. * BDR-to-underlying ratio will shift to 1:3 from 1:1, effective from the market open on 30/07/2026. * Eligible date 29/07/2026; ex-date 30/07/2026; record date 31/07/2026; new BDRs credited 03/08/2026. * Fractional entitlements will not be rounded; cash will be paid in lieu, subject to income tax deductions. 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. General Mills 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
