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    VOLCAR B   SE0016844831

VOLVO CAR AB (PUBL.)

(VOLCAR B)
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Change in number of shares and votes in Volvo Cars

11/30/2021 | 02:01am EST

 

Press release

30 November 2021

In connection with the listing of Volvo Cars on Nasdaq Stockholm on 29 October 2021, extraordinary general meetings held on 17 October 2021 and 27 October 2021, respectively, resolved on directed issues of 479,524,179 common shares of class B in total. The new share issues have been registered with the Swedish Companies Registration Office during November 2021. In addition, during November 2021, 1,863,207,500 common shares of class A were converted to the corresponding number of common shares of class B.

 

As a result of the directed share issues and the conversion, the number of shares in Volvo Cars has increased by 479,524,179 in total and the number of votes has decreased by 16,289,343,321 in total. As of 30 November 2021, there are 2,979,524,179 shares in total in Volvo Cars, whereof all are common shares of class B, corresponding to 2,979,524,179 votes.

 

For more information, please contact:

Volvo Cars Media Relations

+46 31-59 65 25

media@volvocars.com

 

Volvo Cars Investor Relations

Anna Oxenstierna

+46 31-59 00 00

investors@volvocars.com

 

This information is information that Volvo Car AB (publ) is obliged to make public pursuant to the Swedish Financial Instruments Trading Act. The information was submitted for publication at 08:00 CET, 30 November 2021.

 

https://news.cision.com/volvo-car-ab--publ-/r/change-in-number-of-shares-and-votes-in-volvo-cars,c3462805

https://mb.cision.com/Main/20685/3462805/1503129.pdf

(c) 2021 Cision. All rights reserved., source Press Releases - English

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Sales 2021 277 B 29 436 M 29 436 M
Net income 2021 13 451 M 1 427 M 1 427 M
Net cash 2021 31 955 M 3 390 M 3 390 M
P/E ratio 2021 16,6x
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Capitalization 219 B 23 230 M 23 224 M
EV / Sales 2021 0,67x
EV / Sales 2022 0,56x
Nbr of Employees 40 400
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Technical analysis trends VOLVO CAR AB (PUBL.)
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TrendsNeutralBullishNeutral
Income Statement Evolution
Consensus
Sell
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Mean consensus HOLD
Number of Analysts 8
Last Close Price 73,48 SEK
Average target price 80,50 SEK
Spread / Average Target 9,55%
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Hňkan Samuelsson President, Chief Executive Officer & Director
Bjorn Annwall Chief Financial Officer
Shu Fu Li Chairman
Javier Varela Head-Engineering & Operations
Thomas Johnstone Independent Director
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