Questions & Answers regarding Daimler's ADR program
What is an American Depositary Receipt (ADR)?
ADRs are negotiable US dollar denominated certificates evidencing ownership of depositary shares which in turn represent the right to receive shares in non-US companies. Daimler’s ADRs represent the right to receive Daimler’s ordinary shares deposited with the depositary bank to underlie such certificates and carry the rights attached to them as detailed in the Depositary Agreement. Holders of ADRs receive dividends in US dollars (if applicable). The terms ADR and ADS are often used interchangeably. ADRs were specifically designed to facilitate holding and trade of the equity of non-U.S. companies by US investors.
What is an ADR ratio?
This is the relation between the number of ADRs and the number of underlying ordinary shares. Every Daimler ADR represents one Daimler ordinary share.
What are the benefits of ADRs to US investors?
US investors may prefer to purchase ADRs rather than ordinary shares in the issuer’s home market because ADRs trade, clear and settle according to US market conventions.
Is it easy to get information and updates on Daimler?
Comprehensive information is available, also in the English language, on Daimler’s website Investors can also sign up to on the Company’s website to receive press releases in English. ADR trading information is readily available on the OTC Pink® website and our depository bank’s website
What is the symbol for the Daimler ADR?
The ticker symbol is DDAIY.
Where are Daimler ADRs traded?
Daimler ADRs are traded in the OTC Pink® (over the counter) market. You can refer to and
Who is Daimler’s depositary for ADRs?
Deutsche Bank Trust Company Americas is the depositary bank for the Daimler ADRs. The depositary bank plays a key role in issuance as well as cancellation of ADRs. It also maintains the ADR holders’ register, distributes the dividends in US dollars (if applicable) and facilitates the exercise of voting rights by ADR holders (if applicable).
How are ADRs related to Daimler’s ordinary shares?
Every Daimler ADR represents one Daimler ordinary share.
What is the difference between a registered ADR holder and a beneficial ADR holder?
A registered holder’s name appears on the books of the depositary. The registered holder is considered the owner of record. Beneficial holders are not registered in their own name. Their holdings are registered in somebody else’s name, such as in the name of a broker, bank or nominee.
How do I convert my ordinary shares into ADRs?
Conversion of ordinary shares into ADRs must be executed through a broker investment advisor or through Deutsche Bank Trust Company Americas. You can contact Deutsche Bank broker services desk on:
Phone (US): +1 212 250 9100
Phone (UK): +44 207 547 6500
What is a sponsored Level 1 ADR program?
In a Level 1 ADR program, the ADRs are not listed on a US stock exchange, but are traded in the US Over-the-Counter (OTC) market, mainly on the OTC Pink® electronic market.
How can I buy Daimler ADRs?
Similar to any other US security, Daimler ADRs may be purchased through a broker.
For further questions you can contact Deutsche Bank broker services desk on:
Phone (US): +1 212 250 9100
Phone (UK): +44 207 547 6500
How may I check how many ADRs I hold?
If you do not hold ADRs via a broker, bank or nominee, please contact the depositary bank’s transfer agent:
Toll-free number: (866) 706-0509
Direct Dial: (718) 921-8137
Deutsche Bank Shareholder Services
American Stock Transfer & Trust Company
Peck Slip Station
P.O. Box 2050
New York, NY 10272-2050
If you hold via a broker, bank or nominee, please contact them directly.
How do I obtain historical share prices of Daimler’s ADRs, for the purpose of completing my tax return?
Historical share prices for Daimler’s ADRs can be found on Deutsche Bank website ( or on the OTC Pink® website (
Daimler offers both, ordinary shares and ADRs. What is the intention of Daimler regarding the establishment of the ADR program?
With the establishment of the ADR program we want to attract those US investors that cannot invest in Daimler ordinary shares or have a clear preference for the ADR because it is easier for them to trade.
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