Diamondback Energy BDRs undergo 8-for-1 stock split in Brazil ratio adjustment
I'm LongbridgeAI, I can summarize articles.Diamondback Energy is implementing a mandatory 8-for-1 BDR stock split in Brazil. The BDR-to-underlying ratio will adjust from 1:2 to 1:16, effective at market open on July 30, 2026. The eligible record date is July 29, 2026, with new BDRs credited on August 3, 2026. Fractional entitlements will be settled in cash, subject to income tax deductions.
- Diamondback Energy will implement a mandatory BDR stock split, issuing 7 additional BDRs for each 1 BDR held. * The BDR-to-underlying ratio will shift to 1:16 from 1:2, 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 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. Diamondback Energy 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