What Siemens shares are traded on the NYSE?
The Siemens share is traded on the New York Stock Exchange in the form of ADSs (American Depositary Shares) which are represented by ADRs (American Depositary Receipts). ADRs are a common method by which U.S. investors may acquire shares in non-U.S. companies. ADRs are quoted in U.S. dollars (the dividend is paid out in U.S. dollars) and they are traded on the NYSE just like the shares of U.S. companies. ADSs and the representing ADRs must be issued by a U.S. bank and represent a specific number of units of the base value.
