Nokian Tyres plc Sponsored ADR (NRE0)
Munich
Real-time Data
06:00 AM
Day's Range
7.4552 wk Range
3.78Profile - 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.
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