Marathon Petroleum BDR program executes 16-for-1 stock split ratio adjustment in Brazil
I'm LongbridgeAI, I can summarize articles.Marathon Petroleum's Brazilian BDR program is executing a mandatory 16-for-1 stock split, adjusting the ratio from 1:1 to 1:16. Holders of one BDR on July 8, 2026, will receive 15 additional BDRs. The adjustment takes effect at market open on October 8, 2026, with new BDRs credited on August 12, 2026. Fractional entitlements will be paid in cash, net of income tax.
- Marathon Petroleum BDR program in Brazil will undergo a mandatory 16-for-1 stock split via a ratio change from 1:1 to 1:16. * Each 1 BDR held on 07/08/2026 will receive 15 additional BDR; ex-date in Brazil is 10/08/2026. * Ratio adjustment takes effect at the market open on 10/08/2026; new BDRs are credited on 12/08/2026. * Fractional entitlements will not be issued; fractions will be paid in cash, net of income tax. 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. Marathon Petroleum Corporation 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