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Intesa Sanpaolo SPA (ISNPY) is a large bank in Italy with over 6,500 branches and serves 10.7 Million customers. Its ADR stock started trading in the OTC market since March of this year.

The corporate website says:
“Intesa Sanpaolo is a banking group resulting from the merger between Banca Intesa and Sanpaolo IMI.It has leadership in the Italian market and a strong international presence focussed on Central-Eastern Europe and the Mediterranean basin. ”

Note: Share price and Dividend data as of June 19,2008

Company: Intesa Sanpaolo SPA
Ticker: ISNPY
Country: Italy
Current PPS: $34.75
Dividend Yield : 10.19%
Shares outstanding: 1.6B

Each ADR equals six regular shares.

You can go to the Investor Relations site for more information.

written by David

“Buongiorno” in Italian means Hello or Good Day.

There are a few Italian ADR stocks listed in the US & some are worth looking into. Listed below are four of them:

1. Enel - EN - Utility
2. Eni - E - Oil Company
3. Fiat - FIATY - Automobile Maker
4. Natuzzi - NTZ - Household Goods

Another simple option is to invest in the iShares Italy ETF - EWI.

For a complete list of Italian ADRs click Say Ciao to Italian ADRs.

written by David