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Tele2 AB ( ($SE:TEL2.B) ) has issued an update.
Tele2 AB has adjusted its share capital structure following the conversion of 5,994 class A shares, each carrying ten votes, into class B shares with one vote each at the request of their owners. After the reclassification, the company’s total share count remains 696,221,597, now consisting of 9,777,408 class A shares, 685,344,189 class B shares and 1,100,000 class C shares, corresponding to a reduced total of 784,218,269 votes.
The change marginally decreases the voting concentration attached to high-vote class A shares and slightly increases the relative influence of holders of class B shares, reflecting ongoing use of Tele2’s built-in share conversion mechanism. While financially neutral in terms of share count, this adjustment may have incremental implications for governance dynamics and investor power balance within the company’s shareholder base.
The most recent analyst rating on ($SE:TEL2.B) stock is a Buy with a SEK213.00 price target. To see the full list of analyst forecasts on Tele2 AB stock, see the SE:TEL2.B Stock Forecast page.
More about Tele2 AB
Tele2 is a Nordic and Baltic telecom operator with a challenger profile, providing mobile and fixed connectivity, TV and streaming, and IoT solutions to consumers and businesses across the region. Listed on Nasdaq Stockholm, the company generated SEK 29.9 billion in revenue in 2025 and focuses on making connectivity simpler, smarter and more cost-efficient.
Average Trading Volume: 1,777,465
Technical Sentiment Signal: Buy
Current Market Cap: SEK131.5B
For a thorough assessment of TEL2.B stock, go to TipRanks’ Stock Analysis page.