OT - lt cap, uh, my decimal was off by one digit. It's actually $30, not $300. I blame my calculator 

But I wasn't aware until recently that it seems like all ADRs do it, at least once (only in buy-in, never on cash-out is what my brokerage said) Not as bad as seeing most European companies who don't directly list on the American exchanges take a good hunk of their taxes out of dividends. It's a write-off on taxes but a big net loss - unless you count the altruism of funding some French guy's retirement benefits.