Announcement of change in the total number of votes in AB SKF

Rhea-AI Summary

AB SKF (SKFRY) has announced changes in its total number of votes following a conversion of Series A shares to Series B shares, as per the company's Articles of Association. As of January 31, 2025, the company's share structure consists of:

- 28,938,999 Series A shares
- 426,412,069 Series B shares
- Total shares: 455,351,068
- Total voting rights: 71,580,205.9

The company confirmed it does not hold any treasury shares. This information was disclosed in compliance with the Financial Instruments Trading Act.

News Market Reaction

-2.83%

1 alert

-2.83% News Effect

On the day this news was published, SKFRY declined 2.83%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

GOTHENBURG, Sweden, Jan. 31, 2025 /PRNewswire/ -- Due to a conversion of shares from Series A to Series B in accordance with AB SKF's Articles of Association, the Company confirms the following.

As per 31 January 2025 there are a total of 455,351,068 shares in AB SKF, out of which 28,938,999 shares are of Series A and 426,412,069 shares are of Series B. The number of votes in the Company amounts to 71,580,205.9.

AB SKF does not hold any own shares.

Aktiebolaget SKF
      (publ)

Information in this press release contains information that AB SKF is obliged to make public pursuant to the Financial Instruments Trading Act. The information was submitted for publication on 31 January 2025 at 12:00 CET.

For further information, please contact:
PRESS: Carl Bjernstam, Head of Media Relations
tel: 46 31-337 2517; mobile: 46 722-201 893; e-mail: carl.bjernstam@skf.com

INVESTOR RELATIONS: Sophie Arnius, Head of Investor Relations
tel: 46 31-337 8072; mobile: 46 705-908 072; e-mail: sophie.arnius@skf.com 

his information was brought to you by Cision http://news.cision.com

https://news.cision.com/skf/r/announcement-of-change-in-the-total-number-of-votes-in-ab-skf,c4098206

The following files are available for download:

https://mb.cision.com/Main/637/4098206/3236213.pdf	20250131 Announcement of change in the total number of votes in AB SKF
https://news.cision.com/skf/i/entre-gotaholm-skf-p0004439,c3372872	Entre Götaholm SKF-P0004439

 

 

FAQ

How many total shares does SKF (SKFRY) have as of January 31, 2025?

As of January 31, 2025, AB SKF has a total of 455,351,068 shares.

What is the breakdown between Series A and Series B shares for SKFRY?

AB SKF has 28,938,999 Series A shares and 426,412,069 Series B shares.

How many voting rights does SKF (SKFRY) have after the January 2025 conversion?

After the share conversion, the total number of voting rights in AB SKF amounts to 71,580,205.9.

Does SKF (SKFRY) hold any treasury shares as of January 2025?

No, AB SKF has confirmed it does not hold any treasury shares.