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Last update Dec 1, 10:23 AM EST
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Nestlé S.A. Depositary Receipt
23.50
0
0%

Overview

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Description

Nestlé S.A. Depositary Receipt represents a financial instrument allowing investors to hold shares in Nestlé, a Swiss multinational food and beverage company, without directly purchasing shares in the local market. The primary function of these depositary receipts is to facilitate the trading of Nestlé's shares in foreign markets, expanding the company's access to international investors and offering them an opportunity to invest in one of the leading firms within the consumer staples sector. Nestlé is renowned for its extensive portfolio, including brands like Nescafé, Kit Kat, and Purina, impacting industries such as food, beverages, health science, and pet care. In the global financial markets, Nestlé S.A. Depositary Receipts play a vital role by providing liquidity, enabling easier investment in the company's diverse and wide-reaching business through a more accessible trading format.

About

CEO
Mr. Philipp Navratil
Employees
251786
Address
Avenue Nestlé 55
Vevey, 1800
Phone
41 21 924 1111
Website
Instrument type
Depositary receipt
Sector
Consumer Defensive
Industry
Packaged Foods
Country
Canada
MIC code
NEOE
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