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CIBC Launches Additional U.S. Canadian Depositary Receipts
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CIBC Launches Additional U.S. Canadian Depositary Receipts
Oct 15, 2025 5:32 AM

08:12 AM EDT, 10/15/2025 (MT Newswires) -- CIBC (CM.TO, CM) announced Wednesday six new U.S. Canadian Depositary Receipts (CDRs), now listed on the Toronto Stock Exchange and available for trading. CIBC said it has a total of 109 CDRs, spanning four countries, available in market.

According to a statement, CDRs make it easy to invest in many of the world's largest companies in Canadian dollars and provide investors with affordable access to global stocks while mitigating the currency risk associated with global investing.

The six new CDRs are based on well-known U.S. companies, including Reddit, Constellation Energy, and Philip Morris.

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