Overview
Description
Vivendi SE Unsponsored ADR represents shares of Vivendi SE, a prominent French multinational corporation, available on U.S. exchanges in the form of an American Depositary Receipt. The primary function of this ADR is to offer U.S.-based investors access to Vivendi's shares without needing to directly purchase foreign stocks. Vivendi SE is known for its diversified portfolio within the media and entertainment sectors, owning and operating some of the world's leading assets in music, television, and film industries. This includes entities like Universal Music Group and Canal+ Group.
The Unsponsored ADR is particularly significant for investors interested in global diversification, allowing exposure to Vivendi's operations without currency conversion hassles. It plays a crucial role in facilitating cross-border trade, making European equity accessible to a broader range of investors. While it does not provide the same level of voting rights or shareholder engagement as a sponsored ADR, it effectively bridges the gap for market participants looking to invest in international giants like Vivendi SE from the U.S. market.
About
CEO
Mr. Arnaud de Puyfontaine E.S.C.P., M.B.A.
Employees
2700
Address
42 avenue de Friedland
Cedex 08
Paris, 75008
Cedex 08
Paris, 75008
Phone
33 1 71 71 10 00
Website
Instrument type
Common stock
Sector
Communication Services
Industry
Entertainment
Country
Germany
MIC code
XMUN