The Bank of New York announced today that Glanbia PLC (Glanbia) has selected the Bank as the successor depositary for its American depositary receipt (ADR) program. Each ADR represents five ordinary shares and trades over-the-counter under the symbol “GLAPY.” The company’s ordinary shares are traded on the Dublin and London Stock Exchanges.
Glanbia is a food company based primarily in Ireland, the U.K. and the United States. The company produces and internationally distributes cheese and dairy products.