I’m just trying to make sure I understand correctly. Does it mean if I buy this ADS stock at like $10. This one stock= 10 shares of the company? Meaning I just actually brought it at $1 a share? Are there benefits to this?
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The only benefit is you’re buying it in USD on a US stock exchange. That is likely easier and more efficient for you (if you have a US brokerage account) than buying it on its local stock exchange overseas in a non-US currency.
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