Overview
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. Laurent Freixe
Employees
251786
Address
avenue NestlE 55
Vevey, 1800
Vevey, 1800
Phone
41 21 924 21 11
Website
Instrument type
American depositary receipt
Sector
Consumer Defensive
Industry
Packaged Foods
Country
United States
MIC code
PINX