Ownership information

The largest shareholders in AB Volvo are listed below. The table is updated quarterly.

AB Volvo – Information on cancellation of shares

At the Annual General Meeting of AB Volvo in June this year it was resolved, as per the Board’s proposal, to cancel all treasury shares held by the company. The cancellation is registered now in July, so we wanted to remind of the forthcoming change of the total No. of shares and votes in AB Volvo.

The cancellation will give rise to changes in the owners’ capital- and voting shares in AB Volvo, why applicable flagging rules may be considered. These rules imply, among other things, that shareholders whose holdings reach or pass (up or down) any of the thresholds 5, 10, 15, 20, 25, 30, 50, 66 2/3 or 90 per cent of the shares or votes in the company shall inform the company and the Swedish Financial Supervisory Authority of such change. 

The General Meeting’s decision cancels 20,728,135 series A shares and 74,240,001 series B shares in AB Volvo (representing approximately 4,5 % of the registered capital and 4,4 % of the registered votes). Further changes in the share capital may also follow from share conversions, which are requested by shareholders from time to time.  Information on the number of registered shares and votes as of 30 June 2020 is available below.

Any change in the number of shares and votes in AB Volvo is published in a press release the last trading day of the month the change takes place, as per applicable rules. The above changes are expected to be published on Friday 31 July. 

You can also find:

  • Distribution of shares
  • Data per share
  • Other share data
  • Ownership by country / category
Volvo share statistics

Distribution of shares, December 31, 20191

  Number of shareholders % of total votes* Share of capital, %*
1-1,000 shares 202,828 2.7 2.5
1,001-10,000 shares 43,814 5.3 5.7
10,001-100,000 shares 3,539 3.1 4.1
100,001- 616 88.9 87.7
Total 250,798 100.0 100.0

1 Based on all registered shares.

AB Volvo held 4.5% of the Company’s shares on December 31, 2019.

Data per share (adjusted for issues and splits)1

  2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Basic earnings, SEK1 17.64 12.25 10.08 6.47 7.42 1.03 1.77 5.44 8.75 5.36 -7.26
Cash dividend, SEK 13.00 10.00 4.258 3.25 3.00 3.00 3.00 3.00 3.00 2.50 0
Share price at year end (B share), SEK 156.90 115.95 152.70 106.40 79.10 84.70 84.45 88.80 75.30 118.50 61.45
Dividend yield (B share), %2 8.3 8.6 2.8 3.1 3.8 3.5 3.6 3.4 4.0 2.1 -
Effective return (B share), %3 47 -21 48 39 -3 4 -2 22 -34 97 43
Price/earnings ratio (B share)4 8.9 9.5 14.8 16.4 10.7 82.2 47.7 16.3 8.6 22.1 neg
EBIT multiple5 6.1 6.5 9.9 11.7 7.7 26.3 19.6 9.0 5.1 12.0 neg
Payout ratio, %6 74 82 41 50 40 291 169 55 34 47 -
Shareholders' equity, SEK7 66 61 52
47 41 39 38 43 42 36 33
Return on shareholders' equity, % 27.0 21.3 20.5 14.9 18.4 2.8 5.0 12.9 23.1 16.0 neg
  1. Basic earnings per share is calculated as income for the period divided by average number of shares outstanding. 
  2. Proposed dividend in SEK per share divided by share price at year end.
  3. Share price at year end, including proposed dividend during the year, divided by share price at beginning of the year.
  4. Share price at year end divided by basic earnings per share. 
  5. Market value at year end less net financial position and non-controlling interests divided by operating income.
  6. Cash dividend divided by basic earnings per share. 
  7. Total equity for shareholders in AB Volvo divided by number of shares outstanding at year end.

Other share data

  2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Numbers of shareholders at year end 250,798 245,663 240,521 237,654 234,989 237,871 246,265 242,482 251,715 240,043 233,311
Number of Series A shares outstanding at year end, million 456 457 459 472 485 492 499 526 643 657 657
Number of Series B shares outstanding at year end, million 1,577 1,576 1,573 1,560 1,546 1,537 1,530 1,502 1,385 1,371 1,371
Average number of shares outstanding, million 2,033 2,032 2,032 2,031 2,030 2,028 2,028 2,028 2,027 2,027 2,027
Number of Series A shares traded in Stockholm during the year, million 43.8 51.8 46.7 67.2 51.7 86.3 53.0 45.4 130.5 203.2 147.0
Number of Series B shares traded in Stockholm during the year, million 1,146.1 1,293.8 1,341.3 1,667.9 2,052.1 2,068.7 1,878.5 2,081.2 2,944.1 2,272.4 2,713.9
Share ownership