Author Topic: RYAAY - Ryanair  (Read 4187 times)

AJDelphi

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Re: RYAAY - Ryanair
« Reply #20 on: October 09, 2019, 12:45:53 PM »
https://www.londonstockexchange.com/exchange/prices-and-markets/stocks/summary/company-summary/IE00BYTBXV33IEEURSSMU.html

Price (EUR)

However I have not found sure explanation why ADRs historically traded at the premium, but they themselves mentioned this situation in their fillings: "As the ADRs typically trade at a premium of 15% to 20% compared to Ordinary Shares, this may result in increased costs in performing share buy-backs in the future."


Yea I noticed that in the filings too that's why I checked my math and asked the question. Weird situation

I've seen a couple other securities on the LSE that are in Euro's too so I always watch out for that. I guess Interactive Brokers doesn't have the LSE Ryanair shares available so going to get them in Ireland. Still Euros