Rheinmetall AG Unsponsored ADR Logo

Rheinmetall AG Unsponsored ADR (RHMB)

XSTU

Currency in EUR
223.00
-6.00 (-2.62%)

Real-time Data

06:00 AM

Day's Range

221.00
229.00

52 wk Range

180.00
399.00

Profile - RHMB - Rheinmetall AG Unsponsored ADR

Profile

Mic Code

XSTU

Sector

Industrials

Industry

Aerospace & Defense

Employees

28.81K


Rheinmetall AG Unsponsored American Depositary Receipt (ADR) provides investors in the United States with access to shares of Rheinmetall AG, a prominent German company renowned for its contributions to the automotive and defense industries. The primary function of the ADR is to simplify the process of investing in foreign securities by allowing them to be traded on U.S. stock exchanges, thereby broadening capital access for international companies and expanding investor portfolios. Rheinmetall AG itself is influential in the defense sector, producing military vehicles, electronic systems, and ammunition, while its automotive division supplies parts and systems that improve engine performance and reduce emissions. As an unsponsored ADR, it is issued by one or more depositary banks without direct involvement from Rheinmetall AG, offering diversification opportunities in a global context. The ADR represents a convenient bridge for American investors to the European market, particularly those interested in sectors impacted by advancements in defense technologies and automotive innovations.

Profile Details

Type

American Depositary Receipt

Ceo

Mr. Armin Theodor Papperger

Address

Rheinmetall Platz 1

City

Düsseldorf

Zip

40476

Country

Germany

Phone

49 211 473 01

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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