AB Volvo Reports Changes in Shareholder Voting Dynamics

Author: Owen Jenkins Updated: 03-31-2025 09:26 AM

AB Volvo Updates Shareholder Voting Structure

AB Volvo has recently modified its number of votes due to the conversion of 7,640 Series A shares into an equal number of Series B shares. This conversion aligns with the provisions established during the 2011 Annual General Meeting, where Series A shareholders were given the choice to switch their shares. This change emphasizes Volvo's commitment to flexibility and shareholder rights.

Current Share Distribution

As of the last trading day of the month, the total registered shares in AB Volvo stand at 2,033,452,084. Out of these, there are 444,966,820 Series A shares and 1,588,485,264 Series B shares. This structure results in a calculated total of 603,815,346.4 votes within the company, demonstrating a substantial voting capacity available to shareholders.

Contact Information for Media Inquiries

For journalists seeking additional information regarding these changes, please reach out to Claes Eliasson, Head of Media Relations, at +46 76 553 7229. He will be happy to assist with any inquiries and provide further insights into the voting changes and their implications for stakeholders.

About AB Volvo

The Volvo Group is a leader in providing innovative transport and infrastructure solutions. Founded in 1927, the company is a major player in manufacturing trucks, buses, construction equipment, and marine power solutions. With a workforce of over 100,000 employees, Volvo is dedicated to enhancing customer productivity and service levels. In 2024, the company reported net sales of SEK 527 billion, indicative of its substantial market presence.

The Volvo Group is committed to sustainable development and continues to pave the way for advancements in transport and infrastructure. With operations in nearly 190 markets, the company's global strategy focuses on ensuring high-quality standards and customer satisfaction across all its services and products.

Continuously Engaging with Stakeholders

As part of its commitment to transparency and stakeholder engagement, AB Volvo encourages interested parties to stay updated with the latest corporate developments. Potential shareholders, investors, and customers are invited to follow their communications and updates about the company's initiatives and market performance.

Frequently Asked Questions

What changes were made to AB Volvo's share structure?

The company converted 7,640 Series A shares into Series B shares, impacting the overall voting dynamics.

How many total shares does AB Volvo have now?

AB Volvo currently has a total of 2,033,452,084 registered shares split between Series A and Series B shares.

What is the total number of votes in AB Volvo?

The total number of votes available amounts to 603,815,346.4 based on the registered shares.

Who should media inquiries be directed to?

Media inquiries should be directed to Claes Eliasson, Head of Media Relations, at +46 76 553 7229.

What is the Volvo Group's commitment to sustainability?

The Volvo Group is focused on developing sustainable transport and infrastructure solutions while maintaining high-quality standards for customer satisfaction.

About The Author

Hi there I'm 38-year-old author and financial consultant Owen Jenkins. Having worked in the financial sector for more than ten years, I am well-versed in the subtleties and complexity that mold our financial environment. Following a degree in finance, I worked in a number of financial institutions honing my abilities in market analysis, financial planning, and investment strategies.

My love is teaching others about investing and personal finance. My goal in writing many books and articles has been to demystify financial ideas and give readers the information they need to make wise financial decisions. I write with a direct, useful style that emphasizes doable suggestions for daily living.

Along with writing, I lead webinars and seminars where I impart knowledge on how to successfully negotiate the financial world. I also write for financial journals and show up as a guest expert on financial news programs a lot. Whether they are new to investing or want to improve their approach, my mission is to enable people to take charge of their financial futures.

Beyond work, I like to hike, play the guitar, and spend time with my family. I think that balance is crucial and want to encourage people to strike a balance between their financial aspirations and their hobbies. I want to help people succeed and achieve financial security through my work, so having a good influence.

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