---
title: "Phillips 66 BDR program executes 8-for-1 stock split in Brazil"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293496918.md"
description: "Phillips 66's BDR program in Brazil is executing an 8-for-1 stock split, resetting the ratio from 1:2 to 1:16. Effective at market open on August 24, 2026, holders of record as of August 21, 2026, will receive seven additional BDRs for each held. The ex-date is August 24, with new BDRs credited on August 26. Fractional entitlements will be paid in cash, subject to tax withholding."
datetime: "2026-07-22T15:58:30.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293496918.md)
  - [en](https://longbridge.com/en/news/293496918.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293496918.md)
---

# Phillips 66 BDR program executes 8-for-1 stock split in Brazil

-   Phillips 66 BDR program ratio resets to 1:16 from 1:2 (underlying share:BDR), effective at Brazil market open on 24/08/2026. \* Mandatory stock split under the prior 1:2 ratio: each 1 BDR held on 21/08/2026 receives 7 additional BDRs. \* Ex-date set for 24/08/2026; record date 25/08/2026; new BDRs credited on 26/08/2026. \* Fractional entitlements 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. Phillips 66 published the original content used to generate this news brief on July 22, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here

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