#Finland #Helsinki #Stora Enso #R shares #A shares

Stora Enso's Share Conversion: Key Details and Insights

On January 15, 2025, Stora Enso Oyj announced a successful conversion of its shares, marking a significant shift in its share structure. During the conversion period from December 1 to December 31, 2024, a total of 450 A shares were transformed into R shares, reflecting the company's ongoing evolution in capital management. According to the company’s latest report, these share conversions were recorded in the Finnish trade register on January 15, 2025, with trading in the newly converted R shares scheduled to commence on January 16, 2025.

Breakdown of Shares Post-Conversion

Following this conversion, the distribution of shares stands as follows:

• - A shares: 175,663,629
• - R shares: 612,956,358
• - Total shares: 788,619,987

It's noteworthy that each A share, as well as every ten R shares, corresponds to one voting right, thereby bolstering the voting power of A shareholders significantly post-conversion. This adjustment leads to a total of at least 236,959,264 votes available in the new structure.

Why This Conversion Matters

For investors, the conversion reflects Stora Enso's strategic maneuvering within the competitive landscape of the renewable products industry. As a prominent player, Stora Enso focuses extensively on sustainability, and this move may yield various implications for shareholders and potential investors alike. With a clear positioning in the bioeconomy sector, Stora Enso is not just a timber and energy provider; it aims to transform materials typically derived from fossil fuels into more sustainable, renewable alternatives derived from forest resources.

The company has roughly 20,000 employees and reported impressive sales figures of EUR 9.4 billion in 2023, showcasing a robust business model built on sustainability and innovation. This latest alteration in shares aligns with its mission to drive growth through comprehensive restructuring and enhancing shareholder value.

Trading and Future Outlook

The commencement of trading for R shares marks a pivotal moment for Stora Enso, reflecting investor confidence and potential market stability. Industry analysts suggest this conversion caters to a growing interest in environmentally sustainable investments and could enhance the company's appeal among socially responsible investors.

Conclusions

As Stora Enso voyages further into the renewable products arena, shareholders can anticipate continued developments that may affect their investments' intrinsic value. For further inquiries regarding this conversion or other investor-related questions, Stora Enso encourages direct contact with their Investor Relations executive, Anna-Lena Åström.

This strategic move not only positions Stora Enso for greater investor engagement but also aligns with the global trend towards sustainable practices, ensuring its relevance in a rapidly evolving marketplace.
For more information, check out the official Stora Enso investor site or contact investor relations at +46 70 210 7691.