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SDV0

22 EUR
0.6
2.80%
Last update May 30, 8:07 AM CEST
Main market
Day range
22
22
Previous close
21.40000
Open
22
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Saab AB Unsponsored ADR
22.00
0.60
2.80%

Overview

Description

Saab AB Unsponsored ADR represents shares of Saab AB, a Swedish aerospace and defense company, traded in the U.S. as an American Depositary Receipt (ADR). The primary function of this ADR is to provide American investors access to Saab's shares without the complexities of cross-border transactions. Saab AB is renowned for its cutting-edge technology solutions in the defense and civil security sectors, including advanced military aircraft, missile systems, and electronic warfare technology. With a strong presence in various sectors such as aerospace, defense, and security, Saab AB is pivotal in enhancing global defense capabilities and security infrastructures. The unsponsored nature of this ADR means it is issued by a broker without a formal agreement with Saab AB, providing investors a cost-effective way to diversify their portfolios with international exposure. In the financial market, this ADR facilitates increased liquidity and market accessibility for American investors interested in Swedish innovative industry leaders.

About

CEO
Mr. Micael Johansson B.Sc.
Employees
25369
Address
Olof Palmes Gata 17
5th floor
Stockholm, 111 22
Phone
46 13 18 00 00
Website
Instrument type
Common stock
Sector
Industrials
Industry
Aerospace & Defense
Country
Germany
MIC code
XSTU
Main market

Exchange is currently active.
Closing in 4 minutes

21:55
00:00
08:00
22:00
23:59

Trading Hours (Monday - Friday):

Main market
08:00 - 22:00
All times are displayed in the Europe/Berlin timezone (CEST, UTC+02:00).