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Skanska AB Announces Share Conversion to Enhance Transparency

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Skanska AB Announces Share Conversion to Enhance Transparency

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

Skanska AB announced the conversion of 1,870 Class A shares to Class B shares in May 2025, reducing the total number of votes in the company to 595,810,259. This change is part of the company’s compliance with the Swedish Financial Instruments Trading Act, reflecting its ongoing commitment to transparency and regulatory adherence.

The most recent analyst rating on ($SE:SKA.B) stock is a Buy with a SEK215.00 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 across select markets in the Nordics, Europe, and the USA, focusing on creating innovative and sustainable solutions with its approximately 26,300 employees.

Average Trading Volume: 713,717

Current Market Cap: SEK95.89B

Learn more about SKA.B stock on TipRanks’ Stock Analysis page.

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