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FUH0

7.90000 EUR
0.1
1.25%
Last update May 30, 7:31 PM CEST
Market closed
Day range
7.85000
7.95000
Previous close
8
Open
7.90000
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Subaru Corporation Unsponsored ADR
7.90
0.10
1.25%

Overview

Description

Subaru Corporation Unsponsored ADR is a type of American Depositary Receipt that represents shares in Subaru Corporation, a prominent Japanese automaker. It facilitates U.S. investors' access to Subaru's shares without dealing with the complexities of foreign stock markets. Subaru, known for its all-wheel-drive vehicles and boxer engine technology, focuses on producing reliable, performance-oriented automobiles such as the Subaru Outback, Forester, and the Legacy sedan. These vehicles are particularly popular in the North American market, where all-weather drivetrain capabilities are highly valued. The unsponsored ADR implies that the depositary bank issued this ADR without an agreement with Subaru Corporation, differentiating it from sponsored ADRs in terms of company involvement and disclosure levels. This financial instrument allows U.S. investors to take part in the global automotive sector, gaining exposure to Subaru's market performance and innovation in automotive technology without directly having to trade in the Japanese stock market. By offering a convenient way to diversify their portfolio, Subaru Corporation Unsponsored ADR plays a significant role in bridging U.S. investors to prominent foreign stocks.

About

CEO
Mr. Atsushi Osaki
Employees
37693
Address
Ebisu Subaru Building
1-20-8, Ebisu Shibuya-ku
Tokyo, 150-8554
Phone
81 3 6447 8000
Website
Instrument type
Common stock
Sector
Consumer Cyclical
Industry
Auto Manufacturers
Country
Germany
MIC code
XDUS
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