Marathon Petroleum BDR program executes 16-for-1 stock split ratio adjustment in Brazil

Reuters2026/07/22 15:47

By:Reuters

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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.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Marathon Petroleum BDR program executes 16-for-1 stock split ratio adjustment in Brazil

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