The Volvo share
The Volvo share is listed on the Nasdaq Stockholm, Sweden stock exchange. One A share carries one vote at Annual General Meetings and one B share carries one tenth of a vote. Dividends are the same for both classes of shares. The Volvo share is included in a large number of indexes that are compiled by Dow Jones, FTSE, S&P and Nasdaq Nordic.
The Board of Directors proposes a dividend for the Annual General Meeting to decide upon. In recent times AB Volvo has paid a dividend every year with the exception of the financial year 2009.
Conversion of shares
In accordance with a resolution on the AB Volvo Annual General Meeting on April 6, 2011, the Articles of Association were amended to include a conversion clause, stipulating that series A-shares may be converted into series B-shares, at the request of the individual shareholder.
Click the link below and you will be transferred to find the Swedish Financial Supervisory Authority’s list of transactions reported by insiders in AB Volvo.