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 ?
The Bank of New York announced today that it has been selected to be successor depositary for the sponsored and unsponsored American depositary receipts, currently serviced by HSBC Bank USA.
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.
GUADALAJARA, Jalisco, Mexico, March 24 /PRNewswire/ -- On March 20, 1997, the New York Stock Exchange announced that it has suspended, and will commence proceedings to delist, the American Depositary Receipts representing Sidek's Series L Common Stock (SDK) and its Series B Common Stock (SDK.
The purchase represents approximately 90 unsponsored American Depositary Receipts of foreign securities located in Germany, Hong Kong, Italy, Japan, Mexico, Singapore, and the United Kingdom.
Latest appointment makes JPMorgan leader in Latin American Depositary Receipts
Pascale, VP, 212-495-1041 or Rhonda Barnat, AVP, 212-495-1725, American Depositary Receipts Div.
1 billion, of which nearly $800 million was raised through the issuance of 24,957,050 American Depositary Receipts (ADRs) each representing 10 Series B shares.
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.
announced today that American Depositary Receipts representing its Series B Common Stock have been approved for listing on the New York Stock Exchange.
The Series A and Series B American Depositary Receipts (ADRs) will trade on the over-the-counter market.
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").
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