Conversion of shares
The share capital of Electrolux consists of Class A shares and Class B shares. An A share entitles the holder to one vote and a B share to one-tenth of a vote.
All shares entitle the holder to the same proportion of assets and earnings and carry equal rights in terms of dividends.
According to Electrolux Articles of Association, owners of Class A shares have the right to have such shares converted to Class B shares. The purpose of the conversion clause is to give holders of Class A shares an opportunity to achieve improved liquidity in their shareholdings. Conversion reduces the total number of votes in the company.
Information on ownership is updated quarterly, see “Ownership structure“.
|Electrolux Conversion of shares – Notice Form Language: English||English|
Read more within The share
The Electrolux share is listed on the exchange Nasdaq Stockholm. The company’s outstanding shares are divided into A-shares and B-shares.Read more