36.60000 EUR
0.2
0.54%
Last update Dec 9, 9:31 PM CET
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Day range
36.60000
36.60000
Previous close
36.80000
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36.60000
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Imperial Brands PLC Sponsored ADR
36.60
0.20
0.54%

Overview

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Description

Imperial Brands PLC Sponsored ADR is a type of asset that represents shares in Imperial Brands, a major player in the global tobacco industry, structured as American Depositary Receipts (ADR). Its primary function is to provide US investors with an accessible way to invest in Imperial Brands PLC, a British company, without directly dealing in foreign stock exchanges. The ADR provides US investors with the convenience of trading shares in dollars, benefiting from the liquidity of the US markets and the simplicity of domestic trade regulations. Imperial Brands PLC is renowned for its comprehensive portfolio of tobacco and next-generation products, impacting sectors like consumer goods and retail. The company maintains a strong presence in key markets, including Europe, Asia, and the Americas, underscoring its role as a significant contributor to the global tobacco supply chain. The Sponsored ADR facilitates cross-border investment and broadens the investment horizons for US investors seeking to diversify into international equities. This financial instrument thus plays a crucial role in linking US markets with global investment opportunities, while enabling Imperial Brands to expand its shareholder base beyond the confines of the UK market.

About

CEO
Mr. Stefan Andreas Bomhard Ph.D.
Employees
25600
Address
121 Winterstoke Road
Bristol, BS3 2LL
Phone
44 11 7963 6636
Instrument type
American depositary receipt
Sector
Consumer Defensive
Industry
Tobacco
Country
Germany
MIC code
XSTU
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