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American shares

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American shares
Securities certificates issued in the US by a transfer agent acting on behalf of the foreign issuer. The certificates represent claims to foreign equities.


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3 million Anglo American shares in exchange for that business valuing its equity contribution at Euro 94 million (US$ 115.
Theoretically this could have operated from a rural setting anywhere in Germany, but the Vereinsbank has been based in Hamburg since 1856 and, while Berlin's exchange specializes in Eastern European and Stuttgart in American shares, Hamburg has specialist knowledge of the Baltic nations.
The analyst has a ``strong buy'' recommendation on North American shares and a 12-month target price of $15.
 
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