Share capital
SSAB’s share capital is SEK 9,062 million. After the rights issue in 2016 the share capital comprises 304 183 270 class A shares and 725,652,056 class B shares with an accounting par value of SEK 8.80.
SSAB’s share capital is SEK 9,062 million. After the rights issue in 2016 the share capital comprises 304 183 270 class A shares and 725,652,056 class B shares with an accounting par value of SEK 8.80.
The completion of SSAB’s rights issue on June 27, 2016, increased the number of SSAB’s class B shares by 480,589,816. Following the issue, the total number of shares is 1,029,835,326, of which 304,183,270 are class A shares and 725,652,056 class B shares.
The combination of SSAB and Rautaruukki took place through a share exchange offer in 2014 whereby Rautaruukki’s shareholders were offered newly issued shares in SSAB in exchange for their existing shares in Rautaruukki. The issue of resulted in changes in the number of shares and votes.
Each class A share entitles the holder to one vote and each class B share entitles the holder to one tenth of one vote. There are no other differences between the share classes.
Share class | No of shares | No of votes |
A | 304,183,270 | 304,183,270 |
B | 725,652,056 | 72,565,205.6 |
Total | 1,029,835,326 | 376,748,475.6 |
The number of shares by share class and total number of shares
Year | A-shares | B-shares | Total |
2005-12-31 | 67,231,119 | 23,697,941 | 90,929,060 |
2006-12-31 | 192,612,666 | 66,535,155 | 259,147,821 |
2007-12-31 | 240,765,832 | 83,168,943 | 323,934,775 |
2008-12-31 | 240,765,832 | 83,168,943 | 323,934,775 |
2013-12-31 | 240,765,832 | 83,468,943 | 323,934,775 |
2014-07-31 | 304,183,270 | 245,062,240 | 549,245,510 |
2016-07-31 | 304,183,270 | 725,652,056 | 1,029,835,326 |
A share split was made in 2006, 3:1
A rights offering was made in 2007, 1:4 at SEK 155
Share issue was made in 2014
Rights issue in 2016, 8:7 at SEK 10.50
Since listing on OMX Nordic Exchange Stockholm in 1989 the number of shares and the share capital has changed as shown in the table below:
Year | Change in number of shares |
Number of shares |
Change in share capital (MSEK) |
Share capital (MSEK) |
1989 Conversion | +1,500,000 | 26,500,000 | +150 | 2,650 |
1994 Conversion | +5,500,000 | 32,000,000 | +550 | 3,200 |
1994 Split 4.1 | +96,000,000 | 128,000,000 | 0 | 3,200 |
1998 Redemption | -15,891,199 | 112,108,199 | -397 | 2,803 |
2001 Reduction in share capital | -11,210,880 | 100,897,921 | -281 | 2,522 |
2005 Redemption | -9,968,861 | 90,929,060 | -249 | 2,273 |
2006 Redemption | -4,546,453 | 86,382,607 | -114 | 2,159 |
2006 Bonus issue | +121 | 2,280 | ||
2006 Split 3:1 | +172,765,214 | 259,147,821 | 2,280 | |
2007 Rights issue 1:4 SEK 155 | +64,786,954 | 323,934,775 | +571 | 2,851 |
2014 Share issue | +225,310,735 | 549,245,510 | +1 982 | 4,833 |
2016 Rights issue 8:7, SEK 10.5 | +480,589,816 | 1,029,835,326 | +4,229 | 9,062 |