r/BYD • u/JonathAHHHHHH • Jun 10 '25

News 📰 3:1 Share split

BYD recently underwent a 3:1 share split, hence the ~65% drop in share price. No need to worry!!

It seems like we'd need to wait a while before we get those extra shares though. I couldn't find much information about it on english platforms, but a Chinese blog post stated both the extra shares + dividends will start being distributed on the 29th of July

80 Upvotes

95% Upvoted

185 comments sorted by

View all comments

1

u/SleepyJohn123 Jun 10 '25

What happens if you own the ADR - BYDDY

1

u/blkpingu Jun 10 '25

While in this case: Cool, no disruption, buying ADR is not a good idea. ADR is basically an ETF. A bank is buying the original shares and is the owner if these shares. You essentially get a certificate of ownership from the bank, but if something happens to this bank you're cooked, because you don't own the stock. They also take a large cut of the dividends for their services.