Embraer Plans 1-for-1 ADS Ratio Change in November

Embraer plans to change the ratio of its American Depositary Shares from one ADS for four common shares to one ADS for one common share, according to a report. The adjustment would give eligible holders three additional ADSs for each ADS they hold.

Key details

• Holders of record at the close of trading on November 9, 2026, are scheduled to receive the additional ADSs after the close of trading on November 13.
• Trading on the adjusted ratio is expected to begin at market open on November 16, 2026.
• The ADSs are expected to continue trading as EMBJ on the New York Stock Exchange.
• JPMorgan Chase Bank, N.A., is identified as the ADS programme’s depositary and the party implementing the change through an amendment to the deposit agreement.

Each ADS held at the November 9 record date is set to receive three additional ADSs.

Why it matters

The adjustment changes how many ADSs represent Embraer common shares for investors trading the ADSs in the United States. The report says the change would not alter Embraer’s underlying common shares or issue new shares.

What happens next

The scheduled November dates set out the next steps for holders and US-market trading. How will the adjusted ADS ratio shape investor interest in Embraer?