An ADR which is issued with the cooperation of the company whose stock will underlie the ADR. These shares carry all the rights of the common share, such as voting rights. ADRs must be sponsored in order to be able to trade on the NYSE.
Related information about Sponsored ADR:
- Sponsored ADR Definition | Investopedia
An American depositary receipt (ADR) that is issued in co-operation with the underlying foreign company whose equity shares will underly the ADR shares.
- What is Sponsored ADR? definition and meaning
Definition of Sponsored ADR: An ADR which is issued with the cooperation of the company whose stock will underlie the ADR. These shares carry all the rights ...
- Sponsored ADR - Financial Dictionary - The Free Dictionary
An American Depositary Receipt issued with the knowledge and cooperation of the company whose stock backs it. Unlike other ADRs, which simply give ...
- Sponsored ADR: Definition from Answers.com
Sponsored ADR An American depositary receipt (ADR) that is issued in co- operation with the underlying foreign company whose equity shares will underly.
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