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The latest announcement is out from Volvo AB ( ($SE:VOLV.A) ).
AB Volvo has announced a change in the number of votes due to the conversion of 209,660 Series A shares to Series B shares. This conversion, aligned with the company’s Articles of Association, impacts the voting structure but not the total number of shares, which remains at 2,033,452,084. This adjustment reflects Volvo’s ongoing commitment to maintaining transparency and adaptability in its corporate governance, potentially influencing shareholder dynamics and market perceptions.
The most recent analyst rating on ($SE:VOLV.A) stock is a Hold with a SEK311.00 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
The Volvo Group is a leading provider of transport and infrastructure solutions, including trucks, buses, construction equipment, and power solutions for marine and industrial applications. Founded in 1927, the company is committed to sustainable transport and infrastructure solutions. Headquartered in Gothenburg, Sweden, Volvo employs over 100,000 people and operates in nearly 190 markets. In 2024, the company reported net sales of SEK 527 billion (EUR 46 billion), and its shares are listed on Nasdaq Stockholm.
Average Trading Volume: 100,794
Technical Sentiment Signal: Strong Buy
Current Market Cap: SEK575.7B
Learn more about VOLV.A stock on TipRanks’ Stock Analysis page.