Overview
Description
Nestlé S.A. Depositary Receipt is a Canadian Depositary Receipt (CDR) that represents shares of Nestlé S.A., one of the world's largest and most diversified consumer goods companies. The primary function of this asset is to facilitate Canadian investor access to Nestlé’s global equity while mitigating currency risk through CAD hedging, allowing holders to gain exposure to the company’s international business within the framework of Canadian regulation and settlement practices. Nestlé S.A. spans a broad array of sectors, including food, beverage, nutrition, health science, and pet care, with brands that reach billions of consumers worldwide. As a CDR, the instrument serves as an efficient vehicle for investors seeking to participate in Nestlé’s financial performance without engaging directly in foreign markets or dealing with cross-border transaction complexities. It plays a notable role in bridging global blue-chip opportunities to the Canadian capital market, reflecting both the company's substantial revenues and its established global presence. With key metrics tracked in Canadian dollars and supported by local trading infrastructure, this CDR enhances diversification options for institutional and individual portfolios seeking international exposure.
About
CEO
Mr. Philipp Navratil
Employees
251786
Address
Avenue Nestlé 55
Vevey, 1800
Vevey, 1800
Phone
41 21 924 1111
Website
Instrument type
Depositary receipt
Sector
Consumer Defensive
Industry
Packaged Foods
Country
Canada
MIC code
XTSE