Tapestry BDR program executes 10-for-1 stock split, ratio shifts to 1:10

Tapestry

Tapestry

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  • 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.


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