The Electrolux share is listed on the exchange NASDAQ OMX Stockholm. The company’s outstanding shares are divided into A-shares and B-shares.Read more
Conversion of shares
As of December 31, 2014, the share capital of AB Electrolux amounted to approximately SEK 1,545m, corresponding to 308,920,308 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 OMX Stockholm.Read more
Here you can find more information about the ownership structure of Electrolux. The information is updated on a quarterly basis. Most of the shares owned by foreign investors are registered through foreign banks or...Read more