Overview
Description
Avolta AG Sponsored ADR represents shares of Avolta AG, a company domiciled outside the United States, which are traded on U.S. financial markets in the form of American Depositary Receipts (ADRs). ADRs allow U.S. investors to invest in non-U.S. companies without the complexities of dealing with foreign stock exchanges. By purchasing ADRs, investors can gain exposure to Avolta AG, whose primary business activities may be situated in a specific sector or industry, reflecting its operational focus and strategic goals. The ADRs are issued by a U.S. depositary bank, which custodies the foreign shares and facilitates their trading in the U.S. market. Avolta AG Sponsored ADR enhances the accessibility and appeal of the underlying company's shares, broadening its investor base and providing liquidity in American financial markets. This trading vehicle exemplifies the connection of global investment opportunities with domestic investor convenience.
About
CEO
Mr. Luis Marin Mas Sarda
Employees
57679
Address
BrunngAesslein 12
Basel, 4010
Basel, 4010
Phone
41 61 266 44 44
Website
Instrument type
American depositary receipt
Sector
Consumer Cyclical
Industry
Specialty Retail
Country
United States
MIC code
PINX