SUEZ today launched a Level 1 American Depositary Receipt (ADR) program in the United States to expand the Group’s visibility and broaden its investor base within the international capital markets.
ADRs are certificates representing shares of stock which allow US investors to indirectly hold shares in a non-US company and trade them in the USA, with settlement in US dollars.
The securities will trade on the over-the-counter market in the United States starting today. Each SUEZ ADR represents a half of one Ordinary Share of SUEZ SA. The ticker symbol for these ADRs is SZSAY. Deutsche Bank will act as depositary bank.
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