Nokian Tyres plc Sponsored ADR Logo

Nokian Tyres plc Sponsored ADR (NRE0)

Munich

Currency in EUR
7.45
0.00 (0.00%)

Real-time Data

06:00 AM

Day's Range

7.45
7.45

52 wk Range

3.78
8.30

Profile - NRE0 - Nokian Tyres plc Sponsored ADR

Profile

Mic Code

XMUN

Sector

Consumer Cyclical

Industry

Auto Parts

Employees

3.93K


Nokian Tyres plc Sponsored ADR is a financial instrument that allows investors in the United States to hold shares in the Finnish tire manufacturing company, Nokian Tyres plc, without being directly listed on a U.S. stock exchange. This American Depositary Receipt (ADR) represents ownership in the non-U.S. company and is facilitated by a depositary bank that holds the company’s shares. Nokian Tyres plc is renowned for producing premium tires especially tailored for challenging conditions, including harsh winter climates, thanks to its expertise in advanced tire technology and materials. The company's products primarily serve the automotive industry, contributing significantly to both performance and safety in the transportation sector. By offering this ADR, Nokian Tyres expands its accessibility to a broader market, allowing U.S. investors to easily purchase and trade its shares while diversifying their portfolios with international exposure. The ADR plays a key role in bridging the gap between American investors and foreign markets, enabling compliance with U.S. regulations and providing the dividends and benefits equivalent to owning the company's ordinary shares.

Profile Details

Type

American Depositary Receipt

Address

Pirkkalaistie 7

City

Nokia

Zip

37101

Country

Finland

Phone

358 1040 17000

The information on this page is provided for general informational purposes only and is not investment advice.

Market data provided by Twelve Data. Charting by TradingView.

Last updated:

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