New number of votes in AB Volvo

Rhea-AI Summary

AB Volvo (VOLV-B:ST) reports a change in the number of votes due to the conversion of 550 Series A shares to 550 Series B shares. As of 30 November 2023, the company has 2,033,452,084 registered shares, with 444,986,150 Series A shares and 1,588,465,934 Series B shares, amounting to 603,832,743.4 votes.

GOTHENBURG, Sweden, Nov. 30, 2023 /PRNewswire/ -- The number of votes in AB Volvo has changed due to the conversion of a total of 550 Series A shares to a total of 550 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, 30 November 2023, the last trading day of the month, there are a total of 2,033,452,084 registered shares in AB Volvo. Of these are 444,986,150 Series A shares and 1,588,465,934 Series B shares. The number of votes in the company amounts to 603,832,743.4 based on the number of registered shares.

Journalists wanting further information, please contact:
Claes Eliasson, Volvo Group Media Relations, +46 76 553 72 29

This information is information that AB Volvo (publ) is obliged to make public pursuant to the Financial Instruments Trading Act. The information was submitted for publication at 1.00 p.m. CET on 30 November 2023.

For more information, please visit volvogroup.com
For frequent updates, follow us on Twitter: @volvogroup

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 2022, net sales amounted to SEK 473 billion (EUR 45 billion). Volvo shares are listed on Nasdaq Stockholm.

The following files are available for download:

https://mb.cision.com/Main/39/3885631/2464710.pdf	New number of votes in AB Volvo
https://news.cision.com/ab-volvo/i/volvogroup2-1860x1050,c3244569	VolvoGroup2 1860x1050

 

View original content:https://www.prnewswire.com/news-releases/new-number-of-votes-in-ab-volvo-302001997.html

SOURCE AB Volvo

FAQ

How many registered shares does AB Volvo have as of 30 November 2023?

AB Volvo has 2,033,452,084 registered shares as of 30 November 2023.

What is the total number of votes in AB Volvo based on the registered shares?

The total number of votes in AB Volvo amounts to 603,832,743.4 based on the number of registered shares.

Where is the Volvo Group headquartered?

The Volvo Group is headquartered in Gothenburg, Sweden.

What were the net sales of AB Volvo in 2022?

In 2022, net sales of AB Volvo amounted to SEK 473 billion (EUR 45 billion).