14.80000 EUR
0.2
1.33%
Last update Dec 12, 7:32 PM CET
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Day range
14.60000
14.80000
Previous close
15
Open
14.80000
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Tesco PLC Sponsored ADR
14.80
0.20
1.33%

Overview

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Description

Tesco PLC Sponsored ADR represents a type of financial instrument that enables U.S. investors to invest in Tesco PLC, a leading multinational grocery and general merchandise retailer headquartered in the United Kingdom. The ADR, or American Depositary Receipt, facilitates Tesco's shares being traded on U.S. stock exchanges, providing access to a broader investor base outside its native UK market. Tesco PLC is renowned for its large-scale operations in the retail sector, offering a wide array of products, from food and beverages to clothing and electronics. By providing this ADR, Tesco broadens its capital-raising capabilities and increases its visibility among American investors while offering them an opportunity to benefit from the company's performance without dealing with foreign trading complexities. This ADR thus plays a crucial role in bridging international financial markets, promoting cross-border investment, and enhancing the company's international shareholder reach.

About

CEO
Mr. Ken Murphy
Employees
340000
Address
Tesco House
Shire Park Kestrel Way
Welwyn Garden City, AL7 1GA
Phone
44 330 6780 639
Website
Instrument type
American depositary receipt
Sector
Consumer Defensive
Industry
Grocery Stores
Country
Germany
MIC code
XDUS
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