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Re: Imott post# 1824

Friday, 03/12/2021 11:01:12 AM

Friday, March 12, 2021 11:01:12 AM

Post# of 2095
Clarifying confusions concerns a question about Rolls-Royce shares

RYCEF is the common shares. US broker-dealers created this ticker to provide US investors with quotes of Rolls Royce in US dollars instead of British Pounds. When the F symbol is listed at the end of a stock market listing, it indicates that the stock is a foreign stock, meaning it is based outside of the United States. The F symbol is one of the additional descriptors for labels that are used with stocks listed on both the New York Stock Exchange (NYSE) and NASDAQ.

RYCEY is an American Depositary Receipt (ADR). In the US, 5-letter tickers that end with "Y" are (ADR) Mean American Depositary Receipt. (ADR) facility with J.P. Morgan as the depositary. Each ADR represents one Ordinary Share.

RLLCF is an F share representing Rolls Royce's preferred C Shares. Rolls-Royce issues C Shares in place of a cash dividend. You can still receive cash or additional Ordinary Shares, instead of C Shares. Rolls-Royce pay cash dividend on the C shares twice a year. Therefore, C share has its own values.

Rolls-Royce can issue different classes shares. Common stock typically provides voting rights and may include dividends; preferred stock typically guarantees dividends but does not include voting rights. Investors like preferred stock because Preferred shareholders have priority over a company's income, meaning they are paid dividends before common shareholders.

RYCEF, RYCEY, and RLLCF are trades on the U.S Oct exchange.