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.

Current number of shares and share voting rights

 

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

 

Changes in the number of shares

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

 

Share history

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