BOC Group plc ADR begins trading today on the New York Stock Exchange.NEW YORK--(BUSINESS WIRE)--Sept. 18, 1996--BOC Group plc's American depositary receipts American Depositary Receipt (ADR) Certificates issued by a US depository bank, representing foreign shares held by the bank, usually by a branch or correspondent in the country of issue. (ADRs) will begin trading today on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. under the symbol BOX. Each American depositary share American Depositary Share (ADS) Foreign stock issued in the US and registered in the ADR system. will represent two ordinary shares of BOC (Bell Operating Company) One of 22 companies that was formerly part of AT&T and later organized into seven regional companies. See RBOC. Group. Morgan Guaranty Trust Co., a subsidiary of J.P. Morgan & Co. Inc., will be the depositary for the ADRs. BOC Group is a portfolio of four global businesses -- industrial and special gases, health care, vacuum technology, and distribution services. BOC has the most global gases business in the industry, producing 20,000 different gas mixtures. In the health-care industry, BOC invented and developed most of the inhaled anesthetic pharmaceuticals used around the world today. BOC Group is a constituent of the Financial Times Stock Exchange 100 Share Index. J.P. Morgan has been a pioneer and innovator in the ADR ADR - Astra Digital Radio market since inventing the ADR in 1927. CONTACT: ADR Contact: Nancy Ancowitz, 212/648-3403 or Press Contact: William G. McBride, 212/648-9537 or http://www.jpmorgan.com |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion