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SKF AB Class A ( ($SE:SKF.A) ) has shared an update.
AB SKF announced a change in the total number of votes due to the conversion of shares from Series A to Series B. As of May 30, 2025, the company has 455,351,068 shares, with 28,930,824 as Series A and 426,420,244 as Series B, resulting in 71,572,848.4 votes. This change does not affect the company’s ownership of shares, as it holds none. The announcement reflects SKF’s compliance with regulatory requirements and may influence shareholder voting dynamics.
More about SKF AB Class A
SKF is a leading global company specializing in innovative bearings, seals, lubrication systems, and condition monitoring solutions. With a focus on reducing friction, SKF aims to enhance energy efficiency and sustainability across industries. The company operates in 130 countries and has a vast distribution network, with annual sales of SEK 98,722 million in 2024 and a workforce of 38,743 employees.
Average Trading Volume: 12,858
Current Market Cap: SEK95.82B
For an in-depth examination of SKF.A stock, go to TipRanks’ Stock Analysis page.