Overview
Description
General Electric Co. Depositary Receipt is a type of financial asset that allows investors to hold a claim on shares of General Electric Co., a prominent American multinational conglomerate. The primary function of this asset is to facilitate trading of General Electric shares on international stock exchanges, making it accessible to investors who might otherwise face barriers due to geographical or financial constraints. These Depositary Receipts are particularly significant in markets outside the United States, enabling investors to benefit from General Electric's vast business operations. General Electric Co. has a diversified portfolio, impacting numerous sectors such as aviation, healthcare, power, renewable energy, and digital industry. The issuance of Depositary Receipts allows General Electric to tap into a broader investor base while providing greater liquidity and market presence in foreign exchanges. This financial instrument plays a crucial role in the global financial markets by bridging cross-border investment gaps.
About
CEO
Mr. H. Lawrence Culp Jr.
Employees
53000
Address
1 Neumann Way
Evendale, 45215, OH
United States
Evendale, 45215, OH
United States
Phone
(617) 443-3000
Website
Instrument type
Common stock
Sector
Industrials
Industry
Aerospace & Defense
Country
Germany
MIC code
XFRA