Canada · Delayed Price · Currency is CAD Holcim AG Depositary Receipt Company Description
Holcim AG Depositary Receipt is a negotiable financial instrument issued by a depositary bank, representing ownership in shares of Holcim AG, a leading global company in the manufacture and sale of construction materials including cement, aggregates, ready-mix concrete, and sustainable solutions like ECOPact, ECOPlanet, ECOCycle, Airium.
This depositary receipt enables investors to gain exposure to Holcim AG's ordinary shares without directly trading the underlying Swiss-listed securities, simplifying access for international markets by handling currency conversion, local clearing, and dividend distributions typically in the investor's home currency.
Each receipt is backed by deposited shares, often through major depositary banks such as Citibank N.A., ensuring equivalence to the benefits of the underlying shares including dividends and other rights.
Holcim AG Depositary Receipt plays a key role in broadening the investor base for the building materials sector, which supports global infrastructure development, housing, and urbanization projects while promoting eco-friendly innovations amid growing demand for low-carbon construction.
Traded on various exchanges, it facilitates cross-border investment efficiency and liquidity for this prominent Swiss industrial leader.
| Country | Canada |
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Stock Details
| Ticker Symbol | HOL |
| Exchange | Cboe Canada |
| Reporting Currency | CAD |