Business Studies, asked by Anonymous, 1 year ago

Who issues the ADRs?

Answers

Answered by adarsh2627
1
An American depositary receipt (ADR) is a negotiable certificate issued by a U.S. bank representing a specified number of shares (or one share) in a foreign stock traded on a U.S. exchange.
Answered by priyanka9432
0

Hey mate here is the answer

The ADRs is issued by an US bank representing a number of shares.

thank u ❤❤✌

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