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 company’s 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
🇮🇩 What is an ADR?
Written by Regina
Updated over 3 years ago