what does a stock sell mean when they sell one stock for twenty adr?

1 Answer

  • Anonymous
    1 decade ago
    Favorite Answer

    An ADR (American Depository Receipt) is usually made up of more than one share of the underlying stock. Therefore 1 ADR usually = 2 or mor underlying shares. See article http://www.shareworld.co.uk/ for explanation of ADR and ADS

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