Trade Desk BDRs in Brazil undergo 1-for-100 reverse stock split on Sept. 21 after ratio reset

Reuters2026/09/01 19:30

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Trade Desk’s unsponsored Level 1 BDR program in Brazil will shift its share-to-BDR ratio to 1:1 from 1:100.
A mandatory reverse split will apply at a 0.01 factor, cutting each 1 BDR held to 0.01 BDR.
Eligible date set for Sep. 18, 2026; ex-date Sep. 21, 2026; new BDRs credited Sep. 23, 2026.
Fractional entitlements from the consolidation will be paid in cash, with no rounding, subject to withholding 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. Trade Desk Inc. published the original content used to generate this news brief on September 01, 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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Trade Desk BDRs in Brazil undergo 1-for-100 reverse stock split on Sept. 21 after ratio reset

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