07:37 AM EST, 02/04/2025 (MT Newswires) -- CIBC (CM.TO, CM) on Tuesday introduced 10 new Canadian Depositary Receipts (CDRs) that are now listed on Cboe Canada. CIBC has 80 CDRs available in market.

CDRs make it easy to invest in many of the world's largest companies in Canadian dollars, a statement said. Offered at a fraction of the price per share of the underlying reference share, CDRs offer affordable access to global stocks while mitigating the currency risk associated with global investing.

The stocks in the latest CDRs include Merck, AirBnB, Wells Fargo and Oracle.

CIBC recently expanded its Canadian Depositary Receipts platform with the addition of five new 'European CDRs', to be listed on Cboe Canada and available for trading on Jan. 31, subject to Exchange approval.

CIBC's shares were last seen up US$0.55, to US$60.50, in U.S. pre-market trading.