27 EUR
0.2
0.74%
Last update Dec 15, 8:08 AM CET
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Day range
27
27
Previous close
27.20000
Open
27
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Volvo AB Unsponsored American Depositary Rece...
27.00
0.20
0.74%

Overview

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Description

Volvo AB Unsponsored American Depositary Receipt represents equity interests in Volvo AB, a global leader in transport and infrastructure solutions. This financial instrument allows investors to gain exposure to Volvo AB’s shares through depositary receipts denominated in US dollars and issued by a US bank, bypassing direct ownership of the underlying foreign shares. Volvo AB is known for its diversified operations across trucks, construction equipment, buses, marine and industrial engines, and related financial services. The company’s key divisions include Trucks, Construction Equipment, Buses, Volvo Penta, and Group Functions & Other, reflecting its extensive reach in industrials and heavy machinery markets. The unsponsored nature of this ADR means it is established without direct involvement of Volvo AB, typically limiting shareholder services such as voting rights. This asset provides international investors simplified access to Volvo’s performance, dividend distributions, and sector representation, making it significant for those seeking diversified exposure to global industrial and commercial vehicle trends. Volvo AB’s consistent financial strength, broad product portfolio, and innovation partnerships underscore its role within cross-border equity markets and global infrastructure development.

About

CEO
Mr. Martin Lundstedt M.Sc.
Employees
88191
Address
GropegArdsgatan 2
Gothenburg, 417 15
Phone
46 31 66 00 00
Website
Instrument type
American depositary receipt
Sector
Industrials
Industry
Farm & Heavy Construction Machinery
Country
Germany
MIC code
XFRA
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