Overview
Description
Colruyt SA Unsponsored ADR represents shares of Colruyt SA, a leading supermarket retailer based in Belgium, traded on U.S. exchanges as an American Depositary Receipt (ADR). The primary function of this ADR is to enable U.S. investors to invest in Colruyt SA indirectly, without facing the complexities of international trading and custody. Colruyt is renowned for its focus on cost-efficient retail, providing a variety of food and non-food products through an extensive network of stores, including those under the OKay and Spar brands. Notably, the company is a major player in the European retail sector, known for its innovative approaches in sustainability and energy efficiency. In the financial markets, Colruyt SA Unsponsored ADR contributes to diversification opportunities, allowing investors to tap into European consumer markets through an accessible dollar-denominated asset. This ADR plays an essential role for those seeking exposure to well-established European companies without directly participating in foreign exchanges.
About
CEO
Mr. Stefan Goethaert
Employees
33000
Address
Edingensesteenweg 196
Wilgenveld
Halle, 1500
Wilgenveld
Halle, 1500
Phone
32 2 363 55 45
Website
Instrument type
Common stock
Sector
Consumer Defensive
Industry
Grocery Stores
Country
Germany
MIC code
XMUN