What is an ADR ?
An American Depositary Receipt, or ADR, is a negotiable US security representing ownership of publicly traded shares in a non-US corporation. ADRs are quoted and traded in US dollars in the US securities market. Also, the dividends, if any, are paid to investors in US dollars. ADRs were specifically designed to facilitate the purchase, holding and sale of non-US securities by US investors.
Who is Nestlé's ADR Depository Bank ?
Citibank, N.A. ("Citibank") is the depositary bank for Nestlé ADRs. Nestlé ADRs are backed by registered shares held under custody in Switzerland in Citibank's name on behalf of Nestlé ADR holders. Citibank as depositary bank performs the roles of registrar, transfer agent, record keeper and dividend paying agent. Citibank also coordinates the proxy voting process.
Citi are conflicted IMO & have mostly been negative on A2M
Media Updates, page-6437
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Last
$6.89 |
Change
0.020(0.29%) |
Mkt cap ! $4.973B | |||
| Open | High | Low | Value | Volume |
| $6.87 | $6.91 | $6.83 | $1.458M | 211.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 5631 | $6.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.90 | 17542 | 12 |
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| Last trade - 10.52am 25/07/2024 (20 minute delay) ? |
| A2M (ASX) Chart |