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SDV0

21.20000 EUR
0.2
0.93%
Last update Jun 20, 7:32 PM CEST
Market closed
Day range
21.20000
23.40000
Previous close
21.40000
Open
23.40000
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Saab AB - Unsponsored ADR
21.20
0.20
0.93%

Overview

Description

Saab AB - Unsponsored ADR is a financial instrument representing shares of Saab AB, a Swedish corporation renowned for its expertise in aerospace and defense technologies. The Unsponsored American Depositary Receipt allows international investors to gain indirect exposure to Saab AB’s equity without holding the underlying local shares directly. Saab AB is involved in the development and manufacturing of advanced military systems, including aircraft, surveillance solutions, and security systems, making it a pivotal player in the global defense sector. The ADR structure, not directly initiated by the company, is typically facilitated by a depositary bank to provide broader access on international markets. Through this mechanism, investors can track Saab AB’s financial performance, which is marked by robust revenue growth, solid profitability margins, and regular dividend payments. Saab AB’s role in supplying defense innovations underscores its strategic importance, particularly in areas related to national security and technological advancement within the defense industry.

About

CEO
Employees
0
Address
Phone
Website
Instrument type
Common stock
Sector
Industry
Country
Germany
MIC code
XDUS
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