Overview
Description
Koc Holding A.S. - Unsponsored ADR is a type of American Depositary Receipt (ADR) that represents shares in Koc Holding A.S., one of Turkey's largest diversified conglomerates. ADRs are a mechanism for U.S. investors to invest in foreign companies without dealing with cross-border transactions directly, allowing for easier access to foreign stocks through U.S. exchanges. Koc Holding operates in various sectors including automotive, consumer durables, energy, finance, and more, playing a significant role in Turkey's economic landscape. The unsponsored nature of the ADR means that it is initiated by a depositary bank without the involvement of the underlying corporation, offering a way for investors to trade shares conveniently in domestic currency. This financial asset facilitates international investment, offering exposure to Turkey's economy and Koc Holding's diverse business operations.
About
CEO
Mr. Levent Cakiroglu
Employees
130760
Address
Nakkastepe, Azizbey Sokak, No:1
Kuzguncuk
Istanbul, 34674
Kuzguncuk
Istanbul, 34674
Phone
90 216 531 00 00
Website
Instrument type
American depositary receipt
Sector
Industrials
Industry
Conglomerates
Country
Germany
MIC code
XDUS