Business
CIBC launches additional U.S. Canadian Depositary Receipts ("CDRs")
Today CIBC announced six new U.S. Canadian Depositary Receipts ("CDRs"), now listed on the TSX and available for trading. Introduced to investors over four years ago, CIBC has a total of 109 CDRs, spanning four countries, available in market.
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[{"type":"text","content":"Expanded U.S. CDR lineup provides more opportunities for Canadian investors to access global companies","length":102,"tagName":"p","attribs":{}},{"type":"text","content":"TORONTO, Oct. 15, 2025 /CNW/ - Today CIBC announced six new U.S. Canadian Depositary Receipts ("CDRs"), now listed on the TSX and available for trading. Introduced to investors over four years ago, CIBC has a total of 109 CDRs, spanning four countries, available in market.","length":283,"tagName":"p"},{"type":"image","alt":"Logo CIBC (CNW Group/CIBC)","displaySize":"","headline":null,"caption":"Logo CIBC (CNW Group/CIBC)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":103,"url":"https://media.zenfs.com/en/cnwgroup.com/ff7496ae2bd21a9de8ca011cb58d98cc"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/jBReOEb62HhvRIk9SkY1Ow--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTE4MjtjZj13ZWJw/https://media.zenfs.com/en/cnwgroup.com/ff7496ae2bd21a9de8ca011cb58d98cc","width":400,"height":103}},"href":"https://mma.prnewswire.com/media/2796085/CIBC_CIBC_launches_additional_U_S__Canadian_Depositary_Receipts.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"CDRs make it easy to invest in many of the world's largest companies – in Canadian dollars. Offered at a fraction of the price per share of the underlying reference share, and with a built-in notional currency hedge, CDRs provide investors with affordable access to global stocks while mitigating the currency risk associated with global investing.","length":352,"tagName":"p"},{"type":"text","content":"CIBC's newest CDRs are based on well-known U.S. companies. The six new CDRs are listed below with corresponding TSX ticker symbols:","length":135,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"AppLovin CDR (CAD Hedged) – APPS","length":32,"tagName":"p"}]},{"val":[{"type":"text","content":"Constellation Energy CDR (CAD Hedged) – CEGS","length":44,"tagName":"p"}]},{"val":[{"type":"text","content":"Philip Morris CDR (CAD Hedged) – ZYNS","length":37,"tagName":"p"}]},{"val":[{"type":"text","content":"Reddit CDR (CAD Hedged) – RDDT","length":30,"tagName":"p"}]},{"val":[{"type":"text","content":"Robinhood CDR (CAD Hedged) – HOOD","length":33,"tagName":"p"}]},{"val":[{"type":"text","content":"Strategy CDR (CAD Hedged) – MSTR","length":32,"tagN...