what is ADRs?

Answer Posted / sridher reddy agraharam

American Depositary Receipt. A negotiable certificate
issued by a U.S. bank representing a specific number of
shares of a foreign stock traded on a U.S. stock exchange.
ADRs make it easier for Americans to invest in foreign
companies, due to the widespread availability of dollar-
denominated price information, lower transaction costs, and
timely dividend distributions.

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