97.79000 USD
0.18
0.18%
Last update Dec 12, 3:59 PM EST
Market closed
Day range
97.56000
98.33000
Previous close
97.61000
Open
97.86000
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Nestle S.A. Sponsored ADR
97.79
0.18
0.18%

Overview

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Description

Nestle S.A. Sponsored ADR represents American Depositary Receipts for the Switzerland-based multinational food and beverage company, Nestlé S.A. The primary function of this financial asset is to provide U.S. investors with a convenient and efficient way to own a stake in Nestlé's global operations, bypassing the complexities of investing directly in foreign markets. As one of the world's largest food companies, Nestlé S.A. encompasses a diverse product lineup, including beverages, dairy products, nutritional food, pet care, and more. Sponsored ADRs facilitate the trading of Nestlé shares on U.S. stock exchanges, enhancing liquidity and accessibility for American investors. Nestlé's extensive market reach and renowned product portfolio, featuring well-known brands such as Nescafé, KitKat, and Purina, underscore its prominence in the global consumer goods sector. The availability of these ADRs underscores Nestlé's dedication to engaging a broader international investor base.

About

CEO
Mr. Philipp Navratil
Employees
251786
Address
Avenue Nestlé 55
Vevey, 1800
Phone
41 21 924 1111
Website
Instrument type
American depositary receipt
Sector
Consumer Defensive
Industry
Packaged Foods
Country
United States
MIC code
PINX
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