Unilever stock categories

[mdwhite]

I have been looking at Unilever as a possible investment and I have found different listings on different stock exchanges.

On their official website, they list 3 different stock categories: https://www.unilever.com/investor-relations/shareholder-centre/share-prices/

1. Unilever PLC - London Stock exchange - UNL.L
2. Unilever - Amsterdam - UNL.AS
3. Unilever - New York - UNL.N

It's a huge company and the headquarters are in the UK.

In 2020, there was a unification between Unilever NV and Unilever PLC.

Unilever PLC seems to be the parent company of all the operations and the price of the stock reflects that.

What exactly am I buying if I opted for the second two?

 

[coffeeandprayer]

@mdwhite They are all stocks in Unilever. The London and Amsterdam are the exact same thing. The US ones are ADRs which are basically the same thing. If you're investing in euro it would probably make sense to buy the Amsterdam listed shares as those are in euro.

https://www.unilever.com/investor-relations/shareholder-centre/about-shares/

 

[mdwhite]

@coffeeandprayer Cool. Why the drastic price difference though? 3k GBP vs 45Eur? The EUR based one pays dividends as well?

Yeah, I'm investing in EUR so I need to consider the currency exchange too.

 

[coffeeandprayer]

@mdwhite The GBP price is in pennies so it's £30 or so. The euro and sterling ones are basically the same price just in different currencies. The euro share is identical to the sterling one.

 

[dollfaceme23]

@mdwhite Looks to have a nice safe dividend yield, I’d stick with euro and save on any fx rates. You do know those dividends will be taxed as income at 42%