Cadence Design Systems BDR program delivers 16 additional BDRs per holding in mandatory stock split

Reuters2026/07/22 16:09

By:Reuters

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Cadence Design Systems BDR program in Brazil will adjust its underlying-to-BDR ratio to 1:34 from 1:2.
Mandatory stock split will deliver 16 additional BDRs for each 1 BDR held on 21/08/2026.
BDRs will trade ex-split on 24/08/2026; new BDRs credited on 26/08/2026.
Fractional entitlements 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. Cadence Design Systems Inc. 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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Cadence Design Systems BDR program delivers 16 additional BDRs per holding in mandatory stock split

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