83.40000 EUR
0.4
0.48%
Last update Dec 12, 7:31 PM CET
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Day range
82.60000
83.40000
Previous close
83
Open
82.60000
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Nestle S.A. Sponsored ADR
83.40
0.40
0.48%

Overview

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Description

Nestle S.A. Sponsored ADR represents shares of Nestle S.A., a global leader in nutrition, health, and wellness. The company's primary function is to make the products of the Swiss multinational corporation accessible to investors in the United States by trading on U.S. stock exchanges. This financial instrument is particularly significant as it enables American investors to gain exposure to one of the world's largest food and beverage companies without dealing with the complexities of foreign stock exchanges or currencies. Nestle is renowned for its extensive portfolio, which includes brands such as Nescafé, Purina, Gerber, and KitKat, covering diverse sectors like beverages, pet care, infant nutrition, and confectionery. The company's substantial global presence and its commitment to sustainable and health-focused products make it a cornerstone in the consumer goods sector. Nestle's Sponsored ADRs facilitate a broader investor base by providing dividends and shareholder rights closely aligned with those of its Swiss counterparts. As a key player in the industry, Nestle's ADRs reflect the company's strategic focus on innovation and resilience in the ever-evolving global markets.

About

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