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Does Bayer stock have an ADR program?
In the United States, Bayer stock has been traded under a OTC Level l ADR Program since September 27, 2007. Prior to that date Bayer had run a Sponsored Level lI ADR Program, which started on January 24, 2002. ADSs are a U.S. dollar-denominated form of equity ownership in a non-U.S. company.Who issued Bayer ADRs?
ADRs are issued by a U.S. bank, in Bayer's case by The Bank of New York Mellon (BNY Mellon), acting as depositary. * On September 20, 2017, Bayer performed an ADR ratio change. With the new ratio, four Bayer ADRs correspond to one Bayer ordinary share. Further information about the ADR ratio change can be found here .What happened to Bayer's ADR ratio?
* On September 20, 2017, Bayer performed an ADR ratio change. With the new ratio, four Bayer ADRs correspond to one Bayer ordinary share. Further information about the ADR ratio change can be found here . The termination of Bayer's listing on the New York Stock Exchange (NYSE) became effective September 26, 2007.