American Depository Receipt

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American Depository Receipt

n. called in the banking trade an ADR, it is a receipt issued by American banks to Americans as a substitute for actual ownership of shares of foreign stocks. ADRs are traded on American stock exchanges and over-the-counter easily without the necessity of trading the foreign shares themselves.

References in periodicals archive ?
It is also one of the leading depositaries for American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs), and, through a fully integrated network of specialist offices worldwide, provides domestic custody services in 28 securities markets.
Latest appointment makes JPMorgan leader in Latin American Depositary Receipts
In the United States, any offer to purchase Ordinary Shares or American Depositary Receipts will only be made pursuant to the offering materials that are being distributed to shareholders in the United States and are available by contacting Georgeson Shareholder Communications at (866) 628-6024.
NYSE:VDM) (Amsterdam:VDMN) announced today that VDM and Van der Moolen Specialists USA, LLC ("VDMS"), a 75% owned subsidiary of VDM, have agreed to settle for $8 million a securities class action lawsuit in the United States brought under US securities laws by plaintiffs who were holders of VDM Holding's American Depositary Receipts ("ADRs") traded on the New York Stock Exchange ("NYSE").
NEW YORK -- The Bank of New York has launched a new index which comprises a select group of American depositary receipts (ADRs) from Brazil, Russia, India and China.
On April 29, 2006, the Company's Deposit Agreement dated October 1996 with The Bank of New York, under which the Company's American depositary receipts were issued, was terminated pursuant to a notice dated March 30, 2006 that was sent to the remaining holders of American depositary shares ("ADSs") evidenced by American depositary receipts of the Company.
NEW YORK -- The Bank of New York, a global leader in securities servicing, has been selected by POSCO as the depositary bank for its offering of American depositary receipts (ADRs) on the Tokyo Stock Exchange.
market and promoting American Depositary Receipts (ADRs) as an effective capital markets tool.
The trust, based on a proprietary process developed by The Bank of New York's American Depositary Receipts (ADR) division, provides a cost-effective and convenient method to invest in gold.
market and promoting American Depositary Receipts as an effective capital markets tool.
Citigroup will be the depositary for the NYSE listed American Depositary Receipts (ADRs) and American Depositary Warrants (ADWs).
Norwood Abbey had previously announced its intention of pursuing a NASDAQ listing in the USA using American Depositary Receipts (ADRs).
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