American Depositary Receipt Programme
The American Depositary Receipt (ADR) programme offers a convenient way for residents of the United States to invest in Coloplast A/S. An ADR is a negotiable US certificate representing ownership of shares in a non-US corporation. ADRs are quoted and traded in US dollars in the US securities market. Also, dividends are paid to investors in US dollars.
Coloplast’s Level 1 ADR facilitates investment in Coloplast A/S by North American (and other USD) investors. The Coloplast ADRs trade over-the-counter.
Benefits of ADRs to US Investors
- Clear and settle according to normal US standards
- Offer the convenience of stock quotes and dividend payments in US dollars
- Can be purchased/sold in the same way as other US stocks via a US broker
- Provide a cost-effective means of international portfolio diversification
- Ability to acquire the underlying securities directly upon cancellation
Contact Details for all Depositary Receipt Holders and Owners
P.O. Box 505000
Louisville, KY 40233-5000
462 South 4th Street – Suite 1600
Louisville, KY 40202
Domestic tel.: 888 269 2377
Outside US tel.: +1 201 680 6825
FAQ - Frequently asked questions about ADR
What is an ADR?
An American Depositary Receipt (ADR) is a receipt representing ordinary or common shares of non-US company security that trades in the US. As ADRs are priced in US dollars, investors can buy ADRs in the same way as they purchase or sells shares of US securities. Get more information on ADRs.
How can I buy an ADR?
You can buy an ADR through a broker just as you would buy US securities.
Can I purchase ADRs directly from Coloplast?
How do I convert my ordinary shares into ADRs?
Converting ordinary shares into ADRs must be done through a broker or an investment advisor.
How are ADR dividends paid and taxed?
Dividends are paid in US dollars and are generally taxable like dividends on US shares. In addition, taxes may be withheld by the ADR Company’s local government. Depending on individual circumstances, foreign taxes withheld might be applied as a credit against US taxes or tax reclaim opportunities may be offered.
How can I find out dividend and corporate action information on Coloplast?
For dividend and corporate information, please visit the BNY Mellon website and double click on the "Dividends and Distributions" section.
You can also use the search function at the top of the screen, type in the company name or ticker, and find dividends and other key information under the company's profile.
What is the difference between a Registered holder and a Beneficial ADR holder?
A registered holder is one whose name appears on the books of the depositary as a registrar; the registered holder is considered the owner of the record. A beneficial holder is one whose holdings are held in a name other than their own, such as the name of a broker, bank, or nominee.