New number of votes in AB Volvo

Rhea-AI Summary

AB Volvo (VLVLY) has announced changes in its voting structure following the conversion of 7,640 Series A shares to Series B shares. This conversion was executed under provisions established at the 2011 Annual General Meeting, allowing Series A shareholders to request such conversions.

As of March 31, 2025, the company's total registered shares stand at 2,033,452,084, comprising:

• 444,966,820 Series A shares
• 1,588,485,264 Series B shares

The total number of votes in the company now amounts to 603,815,346.4 based on registered shares. The Swedish-headquartered transport and infrastructure solutions provider operates in nearly 190 markets, employing over 100,000 people, with net sales of SEK 527 billion (EUR 46 billion) in 2024.

GOTHENBURG, Sweden, March 31, 2025 /PRNewswire/ -- The number of votes in AB Volvo has changed due to the conversion of a total of 7,640 Series A shares to a total of 7,640 Series B shares. The conversions were implemented with the support of the opportunity for Series A shareholders to request conversion of Series A shares to Series B shares which was entered in the Articles of Association at the 2011 Annual General Meeting.

Today, 31 March 2025, the last trading day of the month, there are a total of 2,033,452,084 registered shares in AB Volvo. Of these are 444,966,820 Series A shares and 1,588,485,264 Series B shares. The number of votes in the company amounts to 603,815,346.4 based on the number of registered shares.

March 31, 2025

Journalists wanting further information, please contact:
Claes Eliasson, Head of Media Relations
+46 76 553 7229
press@volvo.com

For more information, please visit volvogroup.com 
For frequent updates, follow us on LinkedIn

The Volvo Group drives prosperity through transport and infrastructure solutions, offering trucks, buses, construction equipment, power solutions for marine and industrial applications, financing and services that increase our customers' uptime and productivity. Founded in 1927, the Volvo Group is committed to shaping the future landscape of sustainable transport and infrastructure solutions. The Volvo Group is headquartered in Gothenburg, Sweden, employs more than 100,000 people and serves customers in almost 190 markets. In 2024, net sales amounted to SEK 527 billion (EUR 46 billion). Volvo shares are listed on Nasdaq Stockholm.

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https://mb.cision.com/Main/39/4127013/3352257.pdf	Press Release - New number of votes in AB Volvo
https://news.cision.com/ab-volvo/i/1860x1050volvogroup,c3392525	1860x1050VolvoGroup

 

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SOURCE AB Volvo

FAQ

How many shares were converted from Series A to Series B in Volvo's latest update?

7,640 Series A shares were converted to Series B shares in the latest update announced on March 31, 2025.

What is the current total number of registered shares in VLVLY after the March 2025 conversion?

AB Volvo has 2,033,452,084 total registered shares, consisting of 444,966,820 Series A shares and 1,588,485,264 Series B shares.

How many voting rights does Volvo stock (VLVLY) have after the March 2025 conversion?

The total number of votes in AB Volvo amounts to 603,815,346.4 based on the registered shares as of March 31, 2025.

When was the share conversion provision implemented for Volvo's Series A shareholders?

The provision allowing Series A shareholders to request conversion to Series B shares was implemented at the 2011 Annual General Meeting.

What were Volvo's (VLVLY) net sales figures for 2024?

Volvo reported net sales of SEK 527 billion (EUR 46 billion) for 2024.