Can I buy Auna stock?

Auna S.A.A. will no longer be going public. But you can still buy stock in similar companies.

Start comparing

Preu-based healthcare company, Auna S.A.A., has cancelled plans to go public in the US. Learn more about the withdrawn IPO, and find out about similar companies you can invest in from Canada.

Note: All dollar amounts on this page are in US dollars unless otherwise stated.

Best for Beginners

Go to site
Easy to use app
  • 100 free trades signup offer
  • Easy-to-use platform
  • Low fees
  • Student and young investor discounts

Best Overall

Go to site
Low margin rates
  • Access to international stock exchanges
  • Low margin rates
  • Powerful research tools

Best for Low Fees

Go to site
CA & US trading
  • 6% cash rebate plus $4,600 in trading perks
  • Low transaction fees
  • Easy-to-use app

What we know about the Auna IPO

On March 14, 2022, Auna S.A.A. filed a withdrawal form with the US Securities and Exchange Commission, effectively cancelling its plans to go public.

Originally, the health and wellness company planned to offer American Depositary Shares (ADSs) on the NYSE under the ticker symbol “AUNA.” ADSs are foreign stocks held and sold by US depositary banks, which makes it easier to invest in foreign companies through US stock exchanges.

Morgan Stanley & Co. LLC was slated to act as the lead underwriter of the deal. Altogether, Auna was hoping to raise around $100 million from the IPO. You can read about the offering in this registration document submitted to the SEC on August 25, 2021.

Buy stocks in similar companies

Even though you won’t be able to buy Authentic Brands Group stock, you can still invest in other companies that own and develop portfolios of brands.

CompanyStock info
Extendicare Inc.
TSX: EXE
Medical Facilities Corporation
TSX: DR
OTC Markets: MFCSF
TSX: AKU
Nasdaq Capital Market: AKU
Empower Clinics Inc.
OTC Markets: EPWCF
Premier Health of America Inc.
TSXV: PHA
NYSE: HCA
Nasdaq Global Select Market: LCUT
NYSE: UNH

How to buy stocks in a company

You’ll need a brokerage account to buy and sell shares. Here’s how it works:

  1. Compare share trading platforms. If you’re a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for the company you want to invest in. Find the stock by name or ticker symbol (for example, UNH). Research its history to confirm it’s a solid investment against your financial goals.
  4. Purchase now or later. Buy immediately with a market order or use a limit order to delay your purchase until the stock reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market’s ups and downs. You may be able to buy fractional shares of companies, depending on your broker.
  6. Check in on your investment. Congratulations, you own part of a company! Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Tax implications of buying US stocks in Canada

Agreements between Canada and the US require Canadians holding US stock investments to pay the US Internal Revenue Service (IRS) a 15% withholding tax on any dividends earned on their US stocks. Interest earned from bonds or other interest-yielding US investments are similarly taxed at a rate of 10%.

An exception is made for stock investments held in trust exclusively designed to provide retirement income. Such trusts include RRIFs, LIRAs, LIFs, LRIFs and Prescribed RRIFs. RRSPs are also exempt from US withholding tax if you own US investments in the form of US stocks, bonds or ETFs.

Investment accounts that do not qualify for this exemption include RESPs, TFSAs and RDSPs.

All income from investments, including foreign investments, must be declared as part of your income on your Canadian tax return. Unless your US earnings are exempt from withholding tax, this means you’ll be double taxed on those earnings — first by the IRS, then by the CRA. However, the CRA may allow you to claim foreign tax credits for any taxes you’ve already paid to the IRS.

Speak with a tax professional to find out what rules and exceptions apply to your circumstances.

Open a stock trading account

You can compare features of stock trading platforms in the table below. Once you’ve decided on the right fit for your needs, click the “Go to site” button to get started.

Note: The dollar amounts in this table are in Canadian dollars.

1 - 6 of 6
Product Finder Score Available Asset Types Account Types Stock Trading Fee Account Fee Offer
Interactive Brokers
Interactive Brokers logo
Finder Score
8.8 Great
Stocks, Bonds, Options, Index Funds, ETFs, Forex, Currencies, Futures
RRSP, TFSA, Personal, Joint
min $1.00, max 0.5%
$0
Go to siteView details
CIBC Investor's Edge
CIBC logo
Finder Score
7.6 Great
Stocks, Bonds, Options, Mutual Funds, ETFs, GICs, Precious Metals, IPOs
RRSP, RESP, RRIF, TFSA, Personal, Joint, FHSA
$6.95
$0 if conditions met, or $100
Get 100 free trades when you open a CIBC Investor’s Edge account using promo code EDGE2425. Plus, get $200 or more cash back. Valid until March 31, 2025.
Go to siteView details
Moomoo Financial Canada
Moomoo logo
Finder Score
7.4 Great
Stocks, Options, ETFs
RRSP, TFSA, Personal, FHSA
$0.0149/stock
$0
Enjoy a 6% cash rebate plus up to $4,600 in trading perks. Offer ends March 31, 2025
Go to siteView details
RBC Direct Investing
RBC Direct Investing logo
Finder Score
7.9 Great
Stocks, Bonds, Options, Mutual Funds, ETFs, GICs, Precious Metals, IPOs
RRSP, RESP, RRIF, TFSA, Personal, Joint, Business, FHSA
$6.95 - $9.95
$0 if conditions met, otherwise $25/quarter
Get a $300 cash bonus and up to 500,000 Avion points when you open your first eligible RBC Direct Investing account. Plus, get 50 commission-free trades to use within one year of account opening. Conditions apply. Offer ends March 31, 2025
Go to siteView details
Questrade
Questrade logo
Finder Score
8.8 Great
Stocks, Bonds, Options, Mutual Funds, ETFs, Forex, GICs, Precious Metals, IPOs
RRSP, RESP, RRIF, TFSA, Personal, FHSA
$0
$0
Get $50 cash back when you open a self-directed account and fund it with at least $250. Use code FINDER50.
Go to siteView details
Qtrade Direct Investing
Qtrade logo
Finder Score
7.7 Great
Stocks, Bonds, Options, Mutual Funds, ETFs, GICs
RRSP, RESP, RRIF, TFSA, Personal, Joint, FHSA
$6.95 - $8.75
$0 if conditions met, otherwise $25/quarter
Get 1% cashback or more, a $150 sign-up bonus & unlimited free trades until April 30th, 2025.
Go to siteView details
loading

Finder Score for stock trading platforms

To make comparing even easier we came up with the Finder Score. Trading costs, account fees and features across 10+ stock trading platforms and apps are all weighted and scaled to produce a score out of 10. The higher the score the better the platform - simple.

Read the full methodology

Online stock trading
Important information: Powered by Finder.com. This information is general in nature and is no substitute for professional advice. It does not take into account your personal situation. This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for most investors. You do not own or have any interest in the underlying asset. Capital is at risk, including the risk of losing more than the amount originally put in, market volatility and liquidity risks. Past performance is no guarantee of future results. Tax on profits may apply. Consider the Product Disclosure Statement and Target Market Determination for the product on the provider's website. Consider your own circumstances, including whether you can afford to take the high risk of losing your money and possess the relevant experience and knowledge. We recommend that you obtain independent advice from a suitably licensed financial advisor before making any trades.

More on investing

More resources on Finder

Ask a question

You must be logged in to post a comment.

More guides on Finder

Go to site