Global Registered Share
A share issued and registered in multiple markets around the world. Global registered shares represent the same class of shares.
Also known as a "global share".
Investopedia Commentary
These shares are issued in the U.S. and registered in different countries, thereby making them foreign securities. They provide shareholders across the globe with equal corporate rights.
Global registered shares should not be confused with American depository receipt (ADRs) or global depository receipts (GDRs), which are domestic securities representing a foreign (outside the U.S.) interest.
Related Links
ADR Basics Tutorial
What Are Depository Receipts?
See also: ADR, GDR, IDR, Institutional Investor, Share
Also spelled: GRS