Lennar BDR program executes 8-for-1 stock split, effective July 30
I'm LongbridgeAI, I can summarize articles.Lennar Corporation announced an 8-for-1 mandatory BDR stock split, effective July 30, 2026. Holders of record on July 29, 2026, will receive seven additional BDRs for each held BDR. The ratio changes from 1:1 to 1:8 at market open on the ex-date. New BDRs are credited on August 3, 2026, with fractional entitlements settled in cash.
- Lennar will implement a mandatory 8-for-1 BDR stock split tied to a ratio change from 1:1 to 1:8 (Underlying:BDR). * Holders will receive 7 additional BDRs for each 1 BDR held on July 29, 2026. * Ex-date set for July 30, 2026; ratio change takes effect at the market open that day. * New BDRs scheduled to be credited on Aug. 3, 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. Lennar Corporation 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