Tapestry BDR program executes 10-for-1 stock split, ratio shifts to 1:10
I'm LongbridgeAI, I can summarize articles.Tapestry Inc. is executing a mandatory 10-for-1 stock split for its Brazilian BDR program, adjusting the ratio to 1:10. Holders of one BDR on August 21, 2026, will receive nine additional BDRs, effective at market open on August 24, 2026. New BDRs are credited on August 26, 2026, with fractional entitlements paid in cash net of income tax.
- Tapestry BDR program in Brazil will execute a mandatory 10-for-1 stock split, shifting the BDR-to-underlying ratio to 1:10. * Each 1 BDR held on 21/08/2026 will receive 9 additional BDRs; the adjustment takes effect at the 24/08/2026 market open. * New BDRs are scheduled to be credited on 26/08/2026; fractional entitlements 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. Tapestry Inc. 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