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NCC Adjusts Voting Structure Through April Conversion of Series A Shares

Story Highlights
  • NCC AB’s shareholders converted 19,040 Series A shares into Series B, slightly reducing overall voting rights without changing total share count.
  • Following the April 2026 conversion, NCC retains nearly 100 million shares outstanding and a recalibrated mix of A and B shares, fine-tuning its governance structure.
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The latest announcement is out from NCC AB ( ($SE:NCC.B) ).

NCC AB has reported a change in its share capital structure following shareholder-initiated conversions of Series A shares into Series B shares. This mechanism, embedded in the company’s articles of association, allows owners of higher-voting Series A shares to switch to Series B, thereby reducing total voting rights while maintaining the overall number of shares.

In April 2026, 19,040 Series A shares were converted into Series B shares, leaving NCC with 99,760,956 registered shares in total and 160,768,086 voting rights. After the transaction, 6,778,570 shares are Series A and 92,982,386 are Series B, with NCC holding 1,968,589 Series B shares in treasury, a modest shift that fine-tunes the company’s voting structure but does not alter its operational footprint.

The most recent analyst rating on ($SE:NCC.B) stock is a Buy with a SEK195.00 price target. To see the full list of analyst forecasts on NCC AB stock, see the SE:NCC.B Stock Forecast page.

More about NCC AB

NCC is one of the leading construction companies in the Nordic region and is listed on Nasdaq Stockholm. The group focuses on building and infrastructure contracting, asphalt and stone materials production, and commercial property development, generating SEK 56 billion in sales in 2025 with 11,500 employees.

Average Trading Volume: 213,749

Technical Sentiment Signal: Buy

Current Market Cap: SEK17.88B

For an in-depth examination of NCC.B stock, go to TipRanks’ Overview page.

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