1Ano·

Nordisk

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Tomorrow

What is the difference between the two Novo Nordisk products? And which one is "better"?

$NOVO B (+1,76%)

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8 Comentários

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Gamechanger@Tothemoon18

1Ano

The first is the real share, the ADR is a certificate

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1Ano

@Tothemoon18 but then why should you buy the certificate?

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1Ano

@Tycon because some cannot buy the original

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1Ano

@Doe okay, but if you can buy the original, that's "better" in itself, isn't it? The certificate is based on the price of the original, right?

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1Ano

@Tycon Yes, that is certainly better, and the price is also correct.

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1Ano

The B share is the real share. The ADR is American Depositary Receipts. The shares are deposited in US banks and you only buy a depositary receipt. Actually, an original share is always better.

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1Ano

B - Original, ADR are depositary receipts issued by US banks for which original shares are held in custody

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Marcin Kummer@MartyMcFly

1Ano

A small side note: ADRs incur additional fees per share if a dividend is distributed.

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