Volvo adjusts voting structure as Series A shares convert to Series B

Volvo AB ( ($SE:VOLV.A) ) has provided an announcement.

AB Volvo has adjusted its share capital structure following the conversion of 2,000,619 Series A shares into an equal number of Series B shares, a process enabled by a shareholder conversion right introduced in 2011. As of 27 February 2026, the company now has 2,033,452,084 registered shares, comprising 442,288,469 Series A shares and 1,591,163,615 Series B shares, corresponding to 601,404,830.50 votes.

The change modestly shifts the balance between higher-voting Series A shares and lower-voting Series B shares, slightly diluting concentrated voting power while leaving the overall number of shares unchanged. This ongoing ability to convert A to B shares gives investors more flexibility in managing liquidity and governance exposure, and reflects Volvo’s continued adherence to Swedish disclosure rules on changes in voting rights.

The most recent analyst rating on ($SE:VOLV.A) stock is a Buy with a SEK365.00 price target. To see the full list of analyst forecasts on Volvo AB stock, see the SE:VOLV.A Stock Forecast page.

More about Volvo AB

Volvo Group is a global provider of transport and infrastructure solutions, producing trucks, buses, construction equipment and power solutions for marine and industrial applications, alongside financing and services to boost customer uptime and productivity. Founded in 1927 and headquartered in Gothenburg, Sweden, the company employs nearly 100,000 people, serves about 180 markets, and generated 2025 net sales of SEK 479 billion, with its shares listed on Nasdaq Stockholm.

Average Trading Volume: 91,938

Technical Sentiment Signal: Buy

Current Market Cap: SEK710.1B

See more data about VOLV.A stock on TipRanks’ Stock Analysis page.