Bank of Ireland's ADRs

I just happened to be looking this up a lot recently.

Base Symbol + Security Type Letter Identifier

BKRI+F/Y

https://www.otcmarkets.com/learn/faqs


"Why do some symbols have five letters?


The fifth character is a special identifier which is assigned by FINRA and designed to give more information about the security. Learn about fifth characters. A few of the most common can be found below:

F —Foreign Ordinary

P — Preferred Share

Q —Bankruptcy

Y — American Depository Receipt (ADR)

https://www.netvest.com/app/feed/the-abcs-and-fs-and-ys-of-investing-in-foreign-companies-a1j7nwmi"

"The Y suffix represents American Depository Receipts, also known as ADRs. Many non-U.S. Companies are primarily listed on their home exchanges. According to Jason Paltrowitz, Executive Director of the OTC Markets Group, an ADR is a foreign equity security that has been Americanized. In other words, it is wrapped in a way that lets U.S. investors purchase foreign equities in the United States, just like any other U.S. security. Investors purchase in U.S. dollars, trades are settled in U.S. dollars, dividends are also received in dollars and corporate actions are in English. A company may want to have ADR’s to expand their shareholder base, to acknowledge U.S. shareholders, and to make it easy for shareholders to buy and sell foreign securities. For investors, the key benefits to owning ADR’s include cost and ease of use. Without ADR’s, an investor would have to have a brokerage account in the company’s home country and have a mechanism to convert dollars into local currency, creating additional foreign exchange risk.

F shares allow investors to trade directly in a foreign company’s local market with visibility to quotes in U.S. dollars during regular trading hours. Shares are usually purchased on a company’s primary exchange by a dealer who purchases actual shares on a company’s primary exchange. A dealer acts as a principal and is in the business of buying and selling. Shares are continuously priced in accordance with local markets and are settled and cleared in local markets."

Your very welcome!