Embraer will give holders 3 extra depositary shares for each one they own, but the company says its underlying shares will not change. This changes the share count, not Embraer’s business outlook.
The count of depositary shares rises, but each one represents a smaller portion of the same underlying shares. Holders’ total stake stays unchanged, and the announcement reports no change to Embraer’s business.
Follow Embraer S.A. (EMBJ) free. When we publish a story about it, you get the plain-English explanation as an alert.
Get alerts for EMBJ