Conversion of shares
According to the company's articles of association, owners of Class A shares have the right to have such shares converted to Class B shares. Conversion reduces the total number of votes in the company. When such a conversion has occurred, the company is obligated by law to disclose any such changes.
During the second quarter 2010, at the request of shareholders 4,294,369 Class A shares were converted to Class B shares. The total number of votes thereafter amounts to 186,582,472.7.
The total number of registered shares in the company amounts to 576,343,778 shares of which 143,275,661 are Class A shares and 433,068,117 are Class B shares.
For additional information, please contact
Husqvarna Press Hotline at +46 8 738 70 80 or
The Husqvarna Group is the world’s largest producer of outdoor power products including chainsaws, trimmers, lawn mowers and garden tractors. It is the European leader in consumer irrigation equipment under the Gardena brand. The Group is also one of the world leaders in cutting equipment and diamond tools for the construction and stone industries. Net sales in 2009 were SEK 34 billion and the average number of employees was 15,000.