An ADR (American Depositary Receipt) is a negotiable certificate issued by a depositary bank representing a specific number of shares of a non-U.S. company traded on a US stock exchange.
An ADS (American Depositary Share) is the share issued under the ADR agreement which is actually traded.
StatoilHydro ADSs are traded on the New York Stock Exchange under the ticker symbol STO. Each StatoilHydro ADS represents the right to receive one ordinary share and are evidenced by an ADR.
StatoilHydro's depositary for ADRs is The Bank of New York.
| Symbol |
STO |
| CUSIP |
85771P102 |
| Exchange |
NYSE |
| Ratio |
1:1 |
| Country |
Norway |
Global BuyDIRECTsm
The Bank of New York maintains a Global BuyDIRECTsm Plan for Statoil.
Global BuyDIRECT is a Bank of New York-sponsored dividend reinvestment and direct purchase program for Depositary Receipts of certain non-U.S. companies. Each participating company's plan allows its existing shareholders to use dividends paid by the company to automatically purchase Depositary Receipts. The plans also allow first-time and existing investors to purchase Depositary Receipts of participating companies. All such investments are made through Bank of New York as transfer agent.
ADR administration
If you have any questions about your ADR holding or The Bank of New York's dividend reinvestment plan (GlobalBuyDIRECT), or if you require any other assistance (eg, to notify a change of address, canceling or transferring ADR certificates, problems relating to lost, destroyed or stolen receipts or to give dividend instructions to a bank account), please contact The Bank of New York given below:
US ADR Administration:
The Bank of New York
Shareholder Relations
PO Box 11258
Church Street Station
New York NY 10286-1258 USA
Toll free phone number:
+1-888-BNY-ADRS / +1-888-269-2377
Email:
shareowner-svcs@bankofny.com
Web sites:
www.adrbny.com
www.globalbuydirect.com
Published 2007-08-18, 20:47 CET | Updated 2008-07-29, 16:39 CET
