Constellation Brands BDRs in Brazil set for 3-for-1 stock split on Aug. 21 record date
I'm LongbridgeAI, I can summarize articles.Constellation Brands announced a mandatory 3-for-1 stock split for its Brazilian Depositary Receipts (BDRs). The BDR-to-underlying ratio will change from 1:4 to 1:12. Key dates include the record date of August 21, 2026, and the effective open on August 24, 2026. Fractional entitlements will be settled in cash net of income tax.
- Constellation Brands’ BDR program will carry out a mandatory stock split, delivering 2 additional BDRs for each 1 BDR held. * The BDR-to-underlying ratio will shift to 1:12 from 1:4, effective at the open on 24/08/2026. * Key dates: eligible 21/08/2026; ex-date 24/08/2026; record 25/08/2026; new BDRs credited 26/08/2026. * Fractional entitlements will be paid in cash, net of income tax, rather than distributed as BDRs. 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. Constellation Brands 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