23.80000 EUR
0.2
0.85%
Last update Dec 15, 7:31 PM CET
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Day range
23.40000
23.80000
Previous close
23.60000
Open
23.60000
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Leonardo S.p.A. Sponsored ADR
23.80
0.20
0.85%

Overview

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Description

Leonardo S.p.A. Sponsored ADR represents American Depositary Receipts for Leonardo S.p.A., a major Italian defense, aerospace, and security company. The primary function of these ADRs is to facilitate investment by U.S. investors in a foreign company without dealing directly with the complexities of trading in international markets. Leonardo S.p.A. is prominent in sectors such as security, defense, aerospace, and cyber security, providing systems, products, and services for both government and commercial use. The ADR format simplifies ownership and liquidity while allowing U.S. investors access to dividend distributions in dollars. Leonardo S.p.A.'s global significance, particularly in defense and technology innovation, places it as a vital player in both European and global markets, and the ADRs leverage the extensive reach of U.S. capital markets to broaden investment opportunities amongst American investors.

About

CEO
Mr. Roberto Cingolani
Employees
62012
Address
Piazza Monte Grappa n. 4
Rome, 00195, RM
Italy
Phone
39 06 324731
Instrument type
American depositary receipt
Sector
Industrials
Industry
Aerospace & Defense
Country
Germany
MIC code
XDUS
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