Valero Energy BDR ratio shifts to 1:16 in mandatory 8-for-1 stock split
I'm LongbridgeAI, I can summarize articles.Valero Energy is implementing a mandatory 8-for-1 stock split for its Brazilian Depositary Receipts (BDR) program. The underlying-to-BDR ratio will shift from 1:2 to 1:16, effective August 17, 2026. Holders of one BDR on the eligible date of August 14, 2026, will receive seven additional BDRs. Fractional entitlements will be paid in cash, subject to tax deductions.
- Valero Energy BDR program to reset its underlying-to-BDR ratio to 1:16 from 1:2, effective Aug. 17, 2026. * Mandatory stock split to deliver 7 additional BDRs for each 1 BDR held on the eligible date of Aug. 14, 2026. * EX-date set for Aug. 17, 2026; new BDRs credited on Aug. 19, 2026. * Fractional entitlements to be paid 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. Valero Energy 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