Overview
Description
Imperial Brands PLC Sponsored ADR represents a financial instrument that allows US investors to gain exposure to Imperial Brands PLC, a significant entity in the global tobacco industry, without directly purchasing shares on foreign exchanges. The primary function of this ADR is to facilitate trading of Imperial Brands' stocks in a US-friendly format, ensuring compliance with American financial regulations. Imperial Brands is known for its diverse portfolio of products, primarily focusing on tobacco and cigarette manufacturing, with brands such as Davidoff, Gauloises, and Winston under its umbrella. The ADR provides a pathway for diversifying into tobacco and consumer goods sectors, impactful due to their stable demand and significant market presence. Imperial Brands PLC plays a vital role in its sector, consistently delivering products across various regions worldwide, and engaging in ongoing development of next-generation products such as vaping devices. By offering sponsored ADRs, Imperial Brands PLC enhances its accessibility and attractiveness to a broader investor base, facilitating strategic entry into international markets while maintaining alignment with US market practices.
About
CEO
Mr. Stefan Andreas Bomhard Ph.D.
Employees
25600
Address
121 Winterstoke Road
Bristol, BS3 2LL
Bristol, BS3 2LL
Phone
44 11 7963 6636
Website
Instrument type
American depositary receipt
Sector
Consumer Defensive
Industry
Tobacco
Country
United States
MIC code
OTCQ