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27.12000 USD
0.82
3.12%
Last update Apr 1, 2:12 PM -03
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Day range
27.12000
27.16000
Previous close
26.30000
Open
27.16000
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Abbott Laboratories - CEDEAR
27.12
0.82
3.12%

Overview

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Description

Abbott Laboratories - CEDEAR is a Certificado de Depósito Argentino (CEDEAR) representing shares of Abbott Laboratories, a global healthcare company specializing in medical devices, diagnostics, nutritional products, and branded generic medicines. This financial instrument enables Argentine investors to gain exposure to Abbott Laboratories' performance without direct access to U.S. markets, facilitating diversified investment in the healthcare sector. Abbott Laboratories discovers, develops, and sells a broad portfolio of products worldwide, including the FreeStyle Libre continuous glucose monitoring system, cardiovascular and neuromodulation devices, and pediatric and adult nutritionals like Ensure and Pedialyte. The company impacts key industries such as diagnostics, where it holds leadership in rapid testing, and pharmaceuticals through established brands. With a fiscal year ending December 31, strong profitability metrics like a 31.89% profit margin and 30.65% return on equity, and a forward annual dividend reflecting shareholder returns, Abbott Laboratories - CEDEAR plays a significant role in providing local market participants with access to a stable, innovation-driven multinational leader in health solutions.

About

CEO
Mr. Robert B. Ford
Employees
115000
Address
100 Abbott Park Road
Abbott Park
Lake County, 60064-6400, IL
United States
Phone
224 667 6100
Website
Instrument type
Depositary receipt
Sector
Healthcare
Industry
Medical Devices
Country
Argentina
MIC code
XBUE
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