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Can investors switch the listed ADRs into original shares or sponsored level 1 ADRs?

April 26, 2017ADRs investors level original Shares sponsored Switch

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Can investors switch the listed ADRs into original shares or sponsored level 1 ADRs?

1 Answer

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Investors can either keep their ADRs that will be traded over-the-counter, exchange their ADRs into ordinary BASF shares, or sell their ADRs. BASF’s ADR-Bank (The Bank of New York Mellon) will inform investors accordingly.