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What are ADRs and ADSs?

April 26, 2017ADRs

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What are ADRs and ADSs?

2 Answers

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ADSs are American depositary shares. They are traded on the New York Stock Exchange and are represented by ADRs (American Depository Receipts). Vodafone has a sponsored level 1 ADR programme. The Bank of New York administers the ADR programme on behalf of the Company.

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ADSs are American Depository Shares. They are traded on the New York Stock Exchange and are represented by ADRs (American Depository Receipts). Pearson has a sponsored level 1 ADR program. The Bank of New York administers the ADR programme on behalf of the company. More information is available at: www.adrbny.com.