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SVT

FSX
30 EUR
0.2
0.66%
Last update Aug 26, 8:03 AM CEST
Main market
Day range
30
30
Previous close
30.20000
Open
30
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Severn Trent Plc Sponsored ADR
30.00
0.20
0.66%

Overview

Description

Severn Trent Plc Sponsored ADR represents the American Depositary Receipts issued for shares of Severn Trent Plc, a prominent utility company based in the United Kingdom. Primarily focusing on water management and waste services, Severn Trent ensures the supply of clean water and efficient waste water treatment across its service regions. The ADRs enable investors in the United States to invest in Severn Trent's stock, bypassing the complexities of cross-border investment. This asset plays a crucial role in allowing U.S. investors to tap into the utility sector without directly holding foreign-listed securities. The underlying company, Severn Trent, is integral to UK infrastructure, servicing millions of homes and businesses, and adhering to stringent regulatory standards. The market significance of the Sponsored ADR is underscored by its facilitation of broader investor access and its contribution to maintaining a stable and sustainable utility service in the UK. As a utility provider, Severn Trent operates within a critical sector impacting everyday life, economic stability, and environmental sustainability.

About

CEO
Ms. Olivia R. Garfield B.A., BA (Hons), CBE
Employees
7040
Address
Severn Trent Centre
2 St John’s Street
Coventry, CV1 2LZ
Phone
44 3457 500500
Website
Instrument type
Common stock
Sector
Utilities
Industry
Utilities - Regulated Water
Country
Germany
MIC code
XFRA
Main market

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