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5.90000 EUR
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0%
Last update Dec 30, 12:20 PM CET
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Klabin S.A. Sponsored ADR
5.90
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0%

Overview

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Description

Klabin S.A. Sponsored ADR represents shares of Klabin S.A., a leading company in Brazil's pulp and paper industry. The primary purpose of this ADR, or American Depository Receipt, is to enable investors in the United States to invest in Klabin S.A. shares without dealing directly on foreign exchanges. The ADR is traded on US financial markets, simplifying the investment process for American investors by pricing in US dollars and according to US market regulations. Klabin S.A. is a significant player in the paper, packaging, and timber industry. It is involved in several sectors, including the production of paperboard, corrugated boxes, and industrial bags, serving various industries such as consumer goods, food and beverages, and construction. Additionally, the company is noted for its sustainable practices, utilizing renewable resources to produce environmentally friendly products. In the broader market, Klabin's ADR helps investors gain exposure to the growth potential of Brazil's industrial sector while benefiting from the company's commitment to sustainability. This investment vehicle reflects Klabin's significant role in driving eco-friendly innovations within the global paper and packaging industry.

About

CEO
Mr. Cristiano Cardoso Teixeira
Employees
18153
Address
Avenida Brigadeiro Faria Lima, 949
12th, 14th, 15th and 16th Floors Pinheiros
São Paulo, 05426-100, SP
Brazil
Phone
55 11 3046 8401
Website
Instrument type
American depositary receipt
Sector
Basic Materials
Industry
Paper & Paper Products
Country
Germany
MIC code
XBER
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