American Depository Receipts (ADRs) allow investors to buy shares of foreign companies. Buying an ADR is like buying a share of the foreign company, except the shares of the ADR are denominated and pay dividends in U.S. dollars instead of the currency of the foreign companyβs country. A popular example is Shell PLC - the actual share trades on the Amsterdam Stock Exchange but an ADR can be bought on the NYSE under the ticker SHEL
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Written by Regina
Updated over a week ago