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SFTU

23.60000 EUR
0.2
0.85%
Last update May 28, 8:10 AM CEST
Market closed
Day range
23.60000
23.60000
Previous close
23.40000
Open
23.60000
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SoftBank Group Corp. Unsponsored ADR
23.60
0.20
0.85%

Overview

Description

SoftBank Group Corp. Unsponsored ADR is an American Depositary Receipt representing shares of SoftBank Group Corp., one of Japan's largest conglomerates. The primary function of this ADR is to enable U.S. investors to invest in SoftBank's Japanese-listed equities without dealing with the complexities of cross-border and currency transactions. SoftBank Group Corp. is renowned for its diversified holdings across technology sectors, notably its stakes in telecommunications, internet services, and media industries. The company is also known for its massive investment in technology startups worldwide through its Vision Funds. The Unsponsored ADR does not involve the foreign company in the issuance, thereby operating independently through U.S. financial institutions. This financial asset plays a crucial role in bridging international investment opportunities, allowing investors to benefit from the growth driven by SoftBank's strategic ventures and influential market presence in global technology sectors.

About

CEO
Mr. Masayoshi Son
Employees
65352
Address
1-7-1, Kaigan
Minato-ku
Tokyo, 105-7537
Phone
81 3 6889 2000
Website
Instrument type
Common stock
Sector
Communication Services
Industry
Telecom Services
Country
Germany
MIC code
XMUN
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