Ownership information

The largest shareholders in AB Volvo are listed below. The table is updated quarterly. You can also find distribution of shares, data per share, other share data and ownership by country/category.

Volvo share statistics

	Number of shareholders	% of total votes*	Share of capital, %*
1-1,000 shares	339,389	2.7	3.2
1-1,000 shares	52,468	5.9	7.1
1-1,000 shares	4,282	3.4	5.0
100,001-	560	88.0	84.7
Total	396,699	100.0	100.0

	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Basic earnings, SEK¹	24.78	24.50	16.09	16.12	9.50	17.64	12.25	10.08	6.47	7.42	1.03	1.77	5.44	8.75
Ordinary dividend, SEK	8.00	7.00⁸	7.00	6.50	6.00	0	5.00	4.25	3.25	3.00	3.00	3.00	3.00	3.00
Extraordinary dividend	10.50	10.50⁸	7.00	16.00⁹	9.00	0	5.00	0	0	0	0	0	0	0
Share price at year end (B share), SEK	268.60	261.70	188.48	209.65	193.80	156.90	115.95	152.70	106.40	79.10	84.70	84.45	88.80	75.30
Dividend yield (B share), %²	6.9	6.9	7.4	10.7	7.7	0	8.6	2.8	3.1	3.8	3.5	3.6	3.4	4.0
Effective return (B share), %³	10	48	1	16	24	44	-21	47	38	-3	4	-2	22	-34
Price/earnings ratio (B share)⁴	10.8	10.7	11.7	13.0	20.4	8.9	9.5	14.8	16.4	10.7	82.2	47.7	16.3	8.6
EBIT multiple⁵	6.9	6.7	7.2	8.3	12.5	6.1	6.5	9.9	11.7	7.7	26.3	19.6	9.0	5.1
Payout ratio, %⁶	74.7	73	87	140	158	0	82	41	50	40	291	169	55	34
Total equity, SEK⁷	95	87	80	69	72	68	61	52	47	41	39	38	43	42
Return on total equity, %	28.5	28.7	20.7	23.4	13.8	27.0	21.3	20.5	14.9	18.4	2.8	5.0	12.9	23.1

Basic earnings per share is calculated as income for the period divided by average number of shares outstanding.
Proposed dividend in SEK per share divided by share price at year end.
Share price at year end, including proposed dividend during the year, divided by share price at beginning of the year.
Share price at year end divided by basic earnings per share.
Market value at year end less net financial position and non-controlling interests divided by operating income.
Cash dividend divided by basic earnings per share.
Total equity for shareholders in AB Volvo divided by number of shares outstanding at year end.
Proposed by the Board of Directors to the Annual General Meeting 2023.
Of which SEK 6.50 per share for 2021 and SEK 9.50 per share relating to the distribution of the proceeds from the sale of UD Trucks paid out in July 2021.

	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Numbers of shareholders at year end	396,699	382,200	374,185	362,144	283,731	250,798	245,663	240,521	237,654	234,989	237,871	246,265	242,482	251,715
Number of Series A shares outstanding at year end, million	445	445	445	445	448	456	457	459	472	485	492	499	526	643
Number of Series B shares outstanding at year end, million	1,588	1,588	1,588	1,588	1,585	1,577	1,576	1,573	1,560	1,546	1,537	1,530	1,502	1,385
Average number of shares outstanding, million	2,033	2,033	2,033	2,033	2,033	2,033	2,032	2,032	2,031	2,030	2,028	2,028	2,028	2,027
Number of Series A shares traded in Stockholm during the year, million	31.7	36.7	41.1	88.1	65.7	43.8	51.8	46.7	67.2	51.7	86.3	53.0	45.4	130.5
Number of Series B shares traded in Stockholm during the year, million	745.1	820.2	967.5	1,065.9	1,407.6	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