Overview
Description
Siemens AG Depositary Receipt represents shares of Siemens AG, a leading global technology company. The primary purpose of the depositary receipt is to provide investors in the United States with an easy means to invest in Siemens, a German-based company, by allowing them to trade these receipts on U.S. markets just like domestic stocks. Siemens AG is renowned for its broad portfolio in the fields of electrification, automation, and digitalization, serving sectors including energy, healthcare, industry, infrastructure, and cities. The depositary receipt facilitates cross-border investment by streamlining transactions and making it feasible for U.S. investors to own shares in a foreign company without the complexities involved in trading foreign securities directly. As such, it plays a pivotal role in increasing Siemens' accessibility to a global investor base and enhances the liquidity of its securities in the international marketplace.
About
CEO
Dr. Roland Busch Dipl.Phys.
Employees
315000
Address
Werner-von-Siemens-Strasse 1
Munich, 80333
Munich, 80333
Phone
49 89 3803 5491
Website
Instrument type
Depositary receipt
Sector
Industrials
Industry
Specialty Industrial Machinery
Country
Canada
MIC code
NEOE