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Svenska Cellulosa SCA AB ( ($SE:SCA.B) ) has shared an announcement.
SCA has announced the conversion of 1,000,000 Class A shares to Class B shares, which reduces the total number of votes in the company. Following this conversion, the total number of votes amounts to 1,259,140,359, with the total number of registered shares being 702,342,489. This change reflects SCA’s compliance with its articles of association and legal obligations to disclose such conversions.
The most recent analyst rating on ($SE:SCA.B) stock is a Hold with a SEK128.00 price target. To see the full list of analyst forecasts on Svenska Cellulosa SCA AB stock, see the SE:SCA.B Stock Forecast page.
More about Svenska Cellulosa SCA AB
Svenska Cellulosa SCA AB is a forest products company based in Sundsvall, Sweden, with a focus on renewable raw materials. It operates Europe’s largest private forest holding and offers products such as packaging paper, pulp, wood products, renewable energy, and services for forest owners. The company employs approximately 3,400 people and reported net sales of SEK 20 billion in 2024.
Average Trading Volume: 1,250,473
Technical Sentiment Signal: Hold
Current Market Cap: SEK85.15B
Find detailed analytics on SCA.B stock on TipRanks’ Stock Analysis page.