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Luxottica Group SpA Message Board

  • fortunateone fortunateone Apr 11, 1998 7:49 PM Flag

    ADR Split

    Isn't there something different about the way the brokerage houses handle ADR splits and regular U.S. stocks? I recall RLSR
    printed a story about someone who got caught in an ADR play because they couldn't sell the shares until after they were delivered
    (the shares weren't delivered on the pay date) or some crap like that, better check with the brokerage house just in case
    something weird might happen, would hate to have to learn a lesson about ADRs and then have the market tank while stuck in LUX.

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