Overview
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Description
Nestlé S.A. Canadian Depositary Receipt is a financial instrument that enables investors to gain exposure to the shares of Nestlé S.A., a leading global food and beverage conglomerate, through a security denominated in Canadian dollars. Designed primarily for Canadian and international investors, this depositary receipt represents an indirect claim on Nestlé S.A. shares, allowing for simplified access without the need to transact directly in Swiss francs or navigate foreign exchanges. A distinctive feature of this Canadian Depositary Receipt is its built-in currency hedge, which mitigates the impact of exchange rate fluctuations between the Canadian dollar and the Swiss franc, thus offering more stable returns for investors using Canadian currency. Nestlé S.A. itself operates across numerous sectors, including packaged foods, beverages, pet care, and healthcare nutrition, with a diversified portfolio of globally recognized brands. The Canadian Depositary Receipt structure enhances market accessibility, fractional ownership, and cost efficiency, making it a significant vehicle for broadening international participation in one of the world’s most prominent consumer goods companies.
About
CEO
Mr. Philipp Navratil
Employees
271000
Address
Avenue Nestlé 55
Vevey, 1800
Vevey, 1800
Phone
41 21 924 1111
Website
Instrument type
Depositary receipt
Sector
Consumer Defensive
Industry
Packaged Foods
Country
Germany
MIC code
XFRA