American shares

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.

American Depository Share

A certificate issued by an American bank representing a share of a foreign stock the bank holds in trust but that is traded on an American stock exchange. An American depository share is dollar-denominated and entitles the bearer to any dividends and other benefits associated with the single share underlying it. In other words, an American depository share is a single share of an American depository receipt.
References in periodicals archive ?
47% of the Andean American shares voted at Andean American s annual and special shareholders meeting held earlier today were voted in favour of the special resolution approving the Arrangement.
The analyst has a ``strong buy'' recommendation on North American shares and a 12-month target price of $15.
After gaining more than 1,000 percent in 1997, North American shares have been thinly traded and in retreat for much of the past year, owing to investor wariness of the entire brachytherapy sector.
News of the FDA approval sent North American shares up $2.
North American shares lost a quarter of their value, dropping $4.
North American shares have been led down by profit-takers who have seen the company's stock rise nearly 700 percent in a year, according to analyst John Calcagnini at CIBC Oppenheimer in Los Angeles.
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