Change in number of SSAB shares and votes
As of May 31, 2024, the number of SSAB shares totals 996,617,667, of which 295,966,330 are Class A shares and 700,651,337 are Class B shares. The total number of votes in the company is 366,031,463.7, of which Class A shares convey 295,966,330 votes, and Class B shares 70,065,133.7 votes.
The decrease in the number of shares is due to SSAB’s cancellation of 33,217,659 shares (of which 8,216,940 are Class A shares and 25,000,719 are Class B shares) in accordance with the resolution of the Annual General Meeting on April 24, 2024.
The share capital of SEK 9,062,550,868.80 is unchanged since at the same time as the resolution was taken to reduce the share capital by canceling the repurchased shares, it was resolved to increase the share capital by a transfer from non-restricted shareholders’ equity to share capital (bonus issue). This has been done without issuing any new shares, consequently restoring the share capital to the same level prior to the reduction.
After the cancellation, SSAB does not hold any treasury shares.
For further information, please contact:
Per Hillström, Head of Investor Relations, per.hillstrom@ssab.com, tel. +46 702 95 29 12
Viktoria Karsberg, Head of Corporate Identity and Group Communications,
viktoria.karsberg@ssab.com, tel. +46 72 233 5288
This information is information that SSAB is obliged to make public pursuant to the Swedish Financial Instruments Trading Act (1991:980). The information was submitted for publication, through the agency of the contact person, at 10.00 CEST on May 31, 2024.
SSAB is a Nordic and US-based steel company that builds a stronger, lighter and more sustainable world through value added steel products and services. Working with our partners, SSAB has developed SSAB Fossil-free™ steel and plans to reinvent the value chain from the mine to the end customer, largely eliminating carbon dioxide emissions from our own operations. SSAB Zero™, a largely carbon emission-free steel based on recycled steel, further strengthens SSAB’s leadership position and our comprehensive, sustainable offering independent of the raw material. SSAB has employees in over 50 countries and production facilities in Sweden, Finland and the US. SSAB is listed on Nasdaq Stockholm and has a secondary listing on Nasdaq Helsinki. Join us on our journey! www.ssab.com, Facebook, Instagram, LinkedIn, X and YouTube.
Tags: