tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Skanska AB Announces Share Conversion Impacting Voting Structure

Story Highlights
Skanska AB Announces Share Conversion Impacting Voting Structure

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Skanska AB ( ($SE:SKA.B) ) has shared an update.

Skanska AB announced the conversion of 370 Class A shares to Class B shares in July 2025, reducing the total number of votes in the company to 595,806,929. This conversion is part of the company’s compliance with the Swedish Financial Instruments Trading Act, which requires disclosure of such changes, impacting the company’s voting structure and potentially influencing shareholder dynamics.

The most recent analyst rating on ($SE:SKA.B) stock is a Buy with a SEK245.00 price target. To see the full list of analyst forecasts on Skanska AB stock, see the SE:SKA.B Stock Forecast page.

More about Skanska AB

Skanska Group is one of the world’s largest construction and project development companies, with 2024 revenue totaling SEK 177 billion. The company operates in select markets across the Nordics, Europe, and the USA, focusing on creating innovative and sustainable solutions with the expertise of approximately 26,300 employees.

Average Trading Volume: 720,318

Technical Sentiment Signal: Strong Buy

Current Market Cap: SEK95.68B

Find detailed analytics on SKA.B stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1