The final transaction prices in 2011 were SEK 60.65 for SSAB’s class A share and SEK 52.80 for SSAB’s class B share, corresponding to a total market capitalization of SEK 19 billion. During the year, the price of SSAB’s class A share fell by 46 percent and the class B share by 47 percent. During the same period, Nasdaq OMX Stockholm decreased by 17 percent. The highest transaction price for the class A share during the year was listed on January 3 and was SEK 117.10 and on January 3 for the class B share at SEK 102.90. The lowest transaction price, SEK 46.59 and SEK 41.50 respectively, were listed on October 4. During the year, SSAB’s shares were traded for almost SEK 56 billion. Trading in shares took place on all exchange days and averaged approximately SEK 221 million per day. The volume of traded A shares corresponded to 239 percent of the average number of outstanding shares. The volume of traded B shares corresponded to 129 percent of the average number of outstanding shares. SSAB’s shares accounted for 1.51 percent of trading on the Nasdaq OMX Stockholm Exchange.
The SSAB-share is also traded on market places such as BOAT, Burgundy, Chi-X and Turqouise. Of the total volume of traded shares, 72 percent of the class A shares were traded on Nasdaq OMX Stockholm and 87 percent of the class B shares.
Number of shares
The total number of shares by class and total
| 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 |
| Current |
240 765 832 |
83 168 943 |
323 934 775 |
A share split was made in 2006, 3:1
A rights offering was made in 2007, 1:4 at SEK 155
Share history
Since listing on OMX Nordic Exchange Stockholm in 1989 the number of shares and the share capital have changed as set forth below:
| Year |
Change in number of shares |
Number of shares |
Change in share capital (SEK) |
Share capital (SEK) |
| 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 |
Share voting rights
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 |
% of votes |
% of capital |
| A |
240 765 832 |
240 765 832 |
97 |
74 |
| B |
83 168 943 |
8 316 894 |
3 |
26 |
| Total |
323 934 775 |
249 082 726 |
100 |
100 |