Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
1,885,301,302 visitors served.
forum mailing list For webmasters
?
New: Language forums
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

ADR Ratio

    0.01 sec.
ADR ratio
The number of foreign shares represented by one American Depositary Receipt.

ADR Ratio
The number of foreign shares represented by a single American Depository Receipt (ADR). An ADR is a certificate issued by a bank representing a certain number of shares of a stock the bank holds in trust, but that are traded on a foreign stock exchange, denominated in U.S. dollars. The number of shares represented by a single ADR is at the discretion of the bank issuing the ADR. The ADR ratio can have an effect on the price of the ADR.


How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link
Email
Feedback
Add definition
? Mentioned in ? References in periodicals archive
No references found
 
Crosswave changed its ADR ratio exchange from one ordinary share per two hundred ADRs to one ordinary share per twenty ADRs on February 18, 2003.
28, 2003, that an ADR ratio exchange is scheduled for February 18, 2003.
Unsponsored BHP Billiton Plc ADRs (OTC: BHPBY; CUSIP 05545E 10 0), which carry an ADR ratio of 1:1, will be converted to sponsored ADRs.
 
Financial browser? ? Full browser
 
 
Financial Dictionary
?

Disclaimer | Privacy policy | Feedback | Copyright © 2010 Farlex, Inc.
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional. Terms of Use.