Samsung Electronics says it is not considering an ADR issuance now

The company said it remains open to issuing ADRs over the medium to long term, leaving room for a future U.S. market access option.

Summary

Samsung Electronics said it is not currently considering issuing an ADR, or American depositary receipt (U.S.-traded certificate representing foreign shares). The company added that it remains open to an ADR issuance over the medium to long term, signaling that while there is no near-term plan, the option is still under consideration for the future.

Terms & Concepts
  • ADR: American depositary receipt, a U.S.-traded certificate representing foreign shares.