Changes in Voting Shares for AB Volvo
On June 30, 2025, AB Volvo disclosed a change in the number of votes due to the conversion of 175,000 Series A shares into an equal number of Series B shares. This adjustment is part of a long-standing provision that allows holders of Series A shares to convert their holdings into Series B shares, a feature established during the 2011 Annual General Meeting.
As of today, the total registered share count for AB Volvo has reached 2,033,452,084, comprising 444,778,956 Series A shares and 1,588,673,128 Series B shares. With these updated figures, the total voting power within the company is calculated at 603,646,268.80 votes based on the number of registered shares.
This significant change reflects AB Volvo's ongoing commitment to maintaining an equitable structure for its shareholders and ensuring an organized framework for voting and governance. The company emphasizes the importance of these share classes in allowing shareholders flexible options concerning their voting rights and share value.
This update is in accordance with the Financial Instruments Trading Act, which mandates public disclosure for companies like AB Volvo regarding changes that may influence shares and shareholder voting characteristics. The information was publicly disclosed at 13:00 CEST on June 30, 2025, to ensure that shareholders and other stakeholders are promptly informed of these developments.
AB Volvo, headquartered in Gothenburg, Sweden, is a global leader in providing transport and infrastructure solutions. The group offers a variety of products ranging from trucks and buses to construction equipment and power solutions, which ultimately aim to enhance uptime and productivity for their customers. As of 2024, AB Volvo reported impressive net sales of SEK 527 billion (approximately EUR 46 billion), marking its influential presence in the global market.
Founded in 1927, AB Volvo has built a reputation based on innovation and sustainability, focusing on shaping the future landscape of transport and infrastructure solutions. With over 100,000 employees, Volvo serves customers in nearly 190 markets around the globe, and its shares are traded on Nasdaq Stockholm.
In conclusion, the recent share conversion acts as a clear illustration of AB Volvo's ongoing efforts to engage and provide flexibility to its shareholder base, reflecting a proactive approach to corporate governance. For more detailed information about their corporate strategies, the company encourages interested parties to visit their official website at
volvogroup.com.
For media inquiries or further information regarding this announcement, journalists may reach out to Claes Eliasson, Head of Media Relations, directly at +46 76 553 7229 or via email.
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