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24.39000 CAD
1.41
5.47%
Last update Jan 26, 3:59 PM EST
Main market
Day range
24.14000
25.30000
Previous close
25.80000
Open
25.30000
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Intel Corporation Canadian Depositary Receipt
24.39
1.41
5.47%

Overview

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Description

Intel Corporation Canadian Depositary Receipt is a Canadian Depositary Receipt providing exposure to Intel Corporation, a leading global semiconductor and technology company. Structured as a CAD‑traded instrument, it represents fractional ownership in Intel shares while incorporating a built‑in currency hedge designed to neutralize day‑to‑day movements between the Canadian dollar and the U.S. dollar. This framework allows Canadian investors to track the performance of Intel’s underlying equity in their home currency, with pricing and ratio mechanics adjusted to reflect both the share price and hedging structure. Dividends from the underlying Intel shares are passed through in Canadian dollars, proportionate to the economic interest each receipt represents. By combining fractional share access, CAD settlement, and systematic FX hedging, Intel Corporation Canadian Depositary Receipt serves as a vehicle for gaining exposure to a major U.S. semiconductor issuer within the Canadian market infrastructure.

About

CEO
Mr. Lip-Bu Tan
Employees
108900
Address
2200 Mission College Boulevard
Santa Clara, 95054-1549, CA
United States
Phone
408 765 8080
Website
Instrument type
Depositary receipt
Sector
Technology
Industry
Semiconductors
Country
Canada
MIC code
NEOE
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