AvalonBay Communities BDRs undergo 4-for-1 stock split in Brazil ratio adjustment
AvalonBay Communities is implementing a mandatory 4-for-1 stock split for its Brazilian Depositary Receipts (BDRs), effective August 24, 2026. This adjustment changes the BDR-to-underlying ratio from 1:4 to 1:16, with holders receiving three additional BDRs for each one held. Fractional entitlements will be settled …