Qiwi Faces ADR Program Shakeup
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Qiwi Faces ADR Program Shakeup

Qiwi (QIWI) has released an update.

Qiwi, a leader in fintech services, has announced the resignation of The Bank of New York Mellon as Depositary for its ADR program, with a deadline to appoint a new Depositary by August 19, 2024. Failure to do so could lead to the termination of its ADR program by September 18, 2024. Qiwi is dedicated to safeguarding the interests of its ADR holders amid trading halts on NASDAQ and MOEX.

For further insights into QIWI stock, check out TipRanks’ Stock Analysis page.

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