{"id":912006,"date":"2025-11-20T07:21:40","date_gmt":"2025-11-20T12:21:40","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/cibc-launches-additional-european-canadian-depositary-receipts-cdrs\/"},"modified":"2025-11-20T07:21:40","modified_gmt":"2025-11-20T12:21:40","slug":"cibc-launches-additional-european-canadian-depositary-receipts-cdrs","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/cibc-launches-additional-european-canadian-depositary-receipts-cdrs\/","title":{"rendered":"CIBC launches additional European Canadian Depositary Receipts (&#8220;CDRs&#8221;)"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">Canada NewsWire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p class=\"prntac\">\n        <i>Expanded European CDR lineup provides more opportunities for Canadian investors to access global companies<\/i>\n      <\/p>\n<p id=\"temp_ReleaseStart\">\n        <span class=\"legendSpanClass\"><br \/>\n          <span class=\"xn-location\">TORONTO<\/span><br \/>\n        <\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Nov. 20, 2025<\/span><\/span> \/CNW\/ &#8211; Today CIBC announced seven new European Canadian Depositary Receipts (&#8220;CDRs&#8221;), now listed on the TSX and available for trading. Introduced to investors over four years ago, CIBC has a total of 116 CDRs, spanning six countries, available in market.<\/p>\n<p class=\"prntal\">CDRs make it easy to invest in many of the world&#8217;s largest companies \u2013 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 electronic access to global stocks while mitigating the currency risk associated with global investing.<\/p>\n<p class=\"prntal\">CIBC&#8217;s newest CDRs are based on well-known European companies. The seven new CDRs are listed below with corresponding TSX ticker symbols:<\/p>\n<ul type=\"disc\">\n<li>Herm\u00e8s CDR (CAD Hedged) \u2013 HRMS<\/li>\n<li>L&#8217;Or\u00e9al CDR (CAD Hedged) \u2013 LORL<\/li>\n<li>LVMH CDR (CAD Hedged) \u2013 LVMH<\/li>\n<li>Novo Nordisk CDR (CAD Hedged) \u2013 NOVO<\/li>\n<li>Sanofi CDR (CAD Hedged) \u2013 SNY<\/li>\n<li>Schneider Electric CDR (CAD Hedged) \u2013 SCHN<\/li>\n<li>TotalEnergies CDR (CAD Hedged) &#8211; TTES<\/li>\n<\/ul>\n<p class=\"prntal\">These seven will add to the <a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4562530-1&amp;h=4123665065&amp;u=https%3A%2F%2Fcdr.cibc.com%2F%23%2FcdrDirectory&amp;a=existing+lineup+of+CDRs\" target=\"_blank\" rel=\"nofollow\">existing lineup of CDRs<\/a> which are currently available for trading.<\/p>\n<p class=\"prntal\">The Prospectus Supplement for these latest Series of CDRs has been filed on SEDAR+ at <a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4562530-1&amp;h=1544117066&amp;u=http%3A%2F%2Fwww.sedarplus.ca%2F&amp;a=www.sedarplus.ca\" target=\"_blank\" rel=\"nofollow\">www.sedarplus.ca<\/a>. For more information about CDRs, please visit\u00a0<a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4562530-1&amp;h=188211636&amp;u=https%3A%2F%2Fcdr.cibc.com%2F%23%2F&amp;a=https%3A%2F%2Fcdr.cibc.com\" target=\"_blank\" rel=\"nofollow\">https:\/\/cdr.cibc.com<\/a>.<\/p>\n<p class=\"prntal\">\n        <b>About CIBC<\/b>\n      <\/p>\n<p class=\"prntal\">CIBC is a leading North American financial institution with 14 million personal banking, business, public sector and institutional clients. Across Personal and Business Banking, Commercial Banking and Wealth Management, and Capital Markets, CIBC offers a full range of advice, solutions and services through its leading digital banking network, and locations across <span class=\"xn-location\">Canada<\/span>, in <span class=\"xn-location\">the United States<\/span> and around the world. Ongoing news releases and more information about CIBC can be found at <a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4562530-1&amp;h=1698451162&amp;u=https%3A%2F%2Fwww.cibc.com%2Fen%2Fabout-cibc%2Fmedia-centre.html&amp;a=www.cibc.com%2Fca%2Fmedia-centre\" target=\"_blank\" rel=\"nofollow\">www.cibc.com\/ca\/media-centre<\/a>.<\/p>\n<p>SOURCE  CIBC<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=C1373&amp;Transmission_Id=202511200700CANADANWWEB______C1373&amp;DateId=20251120\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Canada NewsWire Expanded European CDR lineup provides more opportunities for Canadian investors to access global companies TORONTO , Nov. 20, 2025 \/CNW\/ &#8211; Today CIBC announced seven new European Canadian Depositary Receipts (&#8220;CDRs&#8221;), now listed on the TSX and available for trading. Introduced to investors over four years ago, CIBC has a total of 116 CDRs, spanning six countries, available in market. CDRs make it easy to invest in many of the world&#8217;s largest companies \u2013 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 electronic access to global stocks while mitigating the currency risk associated with global investing. CIBC&#8217;s newest &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/cibc-launches-additional-european-canadian-depositary-receipts-cdrs\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;CIBC launches additional European Canadian Depositary Receipts (&#8220;CDRs&#8221;)&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-912006","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>CIBC launches additional European Canadian Depositary Receipts (&quot;CDRs&quot;) - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/cibc-launches-additional-european-canadian-depositary-receipts-cdrs\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CIBC launches additional European Canadian Depositary Receipts (&quot;CDRs&quot;) - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Canada NewsWire Expanded European CDR lineup provides more opportunities for Canadian investors to access global companies TORONTO , Nov. 20, 2025 \/CNW\/ &#8211; Today CIBC announced seven new European Canadian Depositary Receipts (&#8220;CDRs&#8221;), now listed on the TSX and available for trading. Introduced to investors over four years ago, CIBC has a total of 116 CDRs, spanning six countries, available in market. CDRs make it easy to invest in many of the world&#8217;s largest companies \u2013 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 electronic access to global stocks while mitigating the currency risk associated with global investing. 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