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8.60000 EUR
0.15
1.78%
Last update Mar 31, 8:00 AM CEST
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8.60000
8.60000
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8.45000
Open
8.60000
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Fuchs Petrolub SE Preferred ADR
8.60
0.15
1.78%

Overview

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Description

Fuchs Petrolub SE Preferred ADR represents the American Depositary Receipts for Fuchs Petrolub SE, a leading manufacturer and supplier of lubricants and related specialty products. These ADRs allow U.S. investors to invest in the preferred shares of Fuchs Petrolub SE, which is primarily listed in Germany. The company plays a vital role in the automotive, industrial, and energy sectors by providing high-performance lubricants that enhance the efficiency and reliability of machinery and vehicles. With a robust portfolio that includes greases, hydraulic and metalworking fluids, and automotive oils, Fuchs Petrolub caters to a diverse array of industries. Its products are pivotal in reducing friction and wear, extending equipment life, and improving operational efficiency. The Preferred ADRs not only offer exposure to Fuchs Petrolub's global market reach but also provide investors with dividends due to their preferred status, which often includes a higher claim on assets and earnings than common shares. In the broader financial market, Fuchs Petrolub SE Preferred ADR serves as an attractive option for those seeking the advantages of investing in international companies through the convenience of U.S. exchanges, while benefiting from innovations in lubricant technology.

About

CEO
Mr. Stefan Rudolf Fuchs
Employees
6879
Address
Einsteinstraße 11
Mannheim, 68169
Phone
49 621 3802 0
Website
Instrument type
American depositary receipt
Sector
Basic Materials
Industry
Specialty Chemicals
Country
Germany
MIC code
XFRA
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