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global shares

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global shares
Stock that trades in multiple currencies. For example, shares of DaimlerChrysler trade in dollars in the United States, euros in Germany, yen in Japan, and in the home currencies of several other countries. Global shares are uncommon and are different from American Depositary Shares that are claims on a firm's ordinary shares.
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In order to preserve this structure, to insulate the companies from takeover concerns, to maintain home-country control and to encourage sensitivity to domestic labor and other issues, these companies often use nonvoting stock when entering a second national market through an issuance not involving ADR or global shares.
An international financial analysis project for the accounting ... by Misch, Marilyn B. / Journal of Academy of Business and Economics
And Winnick has held onto about 70 million Global shares, Christensen said.
TELECOM EXEC RESIGNS AFTER JUSTICE PROBE WINNICK EXPRESSES REGRETS by Daily News (Los Angeles, CA)
Malone also agreed to buy $500 million of the Sky Global shares in that sale, to increase his stake to about 6 percent.
Cable Guy Malone Investing in Satellite Technology by HARRIS, KATHRYN / Los Angeles Business Journal
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