J.P. Morgan's ADR.com Adds Online Account Access.
J.P. Morgan announced enhancements to its adr.com web site that provide registered shareholders in its American depositary receipt (ADR) programs with online account access. The new features are available at www.adr.com/shareholder.
"In line with J.P. Morgan's commitment to providing ADR holders with the highest value services, our adr.com site now offers a greater degree of convenience for those investors who are increasingly managing their investments online," said Rene Vanguestaine, managing director and global head of J.P. Morgan's ADR Group. "In the months ahead, we will continue to bring innovations to the site that bridge ADR investors and issuers and encourage foreign share ownership."
Password-protected online account access for registered ADR holders now allows investors to view their share positions and dividend information online. Holders can also request direct purchase enrollment materials and obtain frequently used ADR account administration forms online. ADR holders in Morgan-sponsored programs can obtain passwords to the site by calling 781-575-4328.
Global Invest Direct
In other news, J.P. Morgan announced that its ADR direct purchase and dividend reinvestment plan for retail investors has been re-named Global Invest Direct. "The name more accurately reflects the nature of the product and service we now provide for 75 non-U.S. issuers," said Mr. Vanguestaine. The program had previously been called Shareholder Services Plan. Names of participating ADR issuers, program features and enrollment materials can be accessed at www.adr.com/shareholder, by calling the Morgan Service Center at 800-749-1687, sending an e-mail to email@example.com or by visiting www.netstockdirect.com.
J.P. Morgan is the world's largest ADR depositary bank. Visit www.adr.com, J.P. Morgan's central resource for timely worldwide market intelligence and investor information.
A global banking firm, J.P. Morgan serves clients through an integrated range of advisory, financing, trading, investment management and research capabilities. For information on J.P. Morgan, visit www.jpmorgan.com.
An ADS share, or American depositary share, is a U.S. dollar-denominated form of equity ownership in a non-U.S. company. It represents a specified number of foreign shares on deposit at a custodian bank in the issuer's home country and carries the corporate and economic rights of the underlying foreign shares. An ADR, or American depositary receipt, is a certificate evidencing ownership of a certain number of ADS shares. The term ADR is sometimes used to refer to ADS shares.
Neither this announcement nor the information contained herein constitutes an offer or solicitation by J.P. Morgan for the purchase or sale of any securities nor does it constitute a solicitation to any person in any jurisdiction where solicitation would be unlawful. Information herein is believed to be reliable but J.P. Morgan does not warrant its completeness or accuracy.
|Printer friendly Cite/link Email Feedback|
|Date:||Aug 31, 1999|
|Previous Article:||Full-Size SOUTHERN LIVING `Dream Home' Built Inside American Home ShowPlace/Carpets of Dalton Complex.|
|Next Article:||BuySellBid.com Appoints Internet Veteran to Newly Created Position of Executive Vice President, Internet Business Development.|