American Depository Receipt


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Related to American Depository Receipt: American Depositary Receipt Fees, Global Depository Receipt

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 ?
Samson's American Depository Receipts (ADRs) are traded on the NYSE Euronext Exchange under the symbol "SSN", and, each ADR represents 20 fully paid Ordinary Shares of Samson.
1%, which is listed on the NYSE through American Depository Receipts.
In connection with the Mothers listing, IIJ plans to issue 12,500 new shares (equivalent to 5,000,000 American Depository Receipts ("ADRs")) and two shareholders, NIF SMBC Ventures Co.
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