Overview
Description
The Coca-Cola Company Depositary Receipt is a financial instrument listed in Thailand that represents an indirect ownership interest in foreign shares of The Coca-Cola Company, a leading global beverage producer. This depositary receipt allows investors in Thailand to gain exposure to the economic performance of The Coca-Cola Company without trading the underlying stock directly in its home market. Each unit of this receipt is typically structured to represent a fractional interest—specifically, 1 share of The Coca-Cola Company is equivalent to 1,000 depositary receipt units—enabling trading at a price accessible to a broader range of investors. The instrument reflects movements in the underlying share price of The Coca-Cola Company, a stock listed on the New York Stock Exchange, as well as fluctuations in the exchange rate between the US dollar and the Thai baht. Issued and administered by a local financial institution, this depositary receipt enhances cross-border investment opportunities, promotes market access, and facilitates international portfolio diversification for investors within the domestic market.
About
CEO
Mr. James Robert B. Quincey
Employees
69700
Address
One Coca-Cola Plaza
Atlanta, 30313, GA
United States
Atlanta, 30313, GA
United States
Phone
404 676 2121
Website
Instrument type
Common stock
Sector
Consumer Defensive
Industry
Beverages - Non-Alcoholic
Country
Thailand
MIC code
XBKK