Phillips 66 BDR program executes 8-for-1 stock split in Brazil

Phillips 66

Phillips 66

PSX

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  • Phillips 66 BDR program ratio resets to 1:16 from 1:2 (underlying share:BDR), effective at Brazil market open on 24/08/2026.
  • Mandatory stock split under the prior 1:2 ratio: each 1 BDR held on 21/08/2026 receives 7 additional BDRs.
  • Ex-date set for 24/08/2026; record date 25/08/2026; new BDRs credited on 26/08/2026.
  • Fractional entitlements paid in cash, subject to income tax withholding; no rounding of fractions.


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