Strong backing for SSAB’s redemption programme in 2005

SSAB’s redemption programme won 98.8 per cent backing in the latest redemption programme in 2005, entailing that applications were submitted for the redemption of close to10 million shares in exchange for payment in cash of SEK 210 per share. Through the redemption programme, a total of SEK 2.1 billion has been transferred to the shareholders.

Following redemption, SSAB’s share capital amount to SEK 2.3 billion divided into 90,929,060 shares, of which 67,231,119 are Class A shares and 23,697,941 are Class B shares.