Stocks in play: CIBC

Baystreet.ca

Today announced the addition of five new Canadian Depositary Receipts ("CDRs"), now listed on the NEO Exchange. CDRs make it easy to invest in some of the world's largest companies – in Canadian dollars. Offered at a fraction of the price per share of the underlying reference share, and with a built-in notional currency hedge, CDRs provide investors with affordable access to foreign stocks while mitigating the currency risk associated with global investing. CIBC shares T.CM are trading unchanged at $159.64.

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