AB SKF Reports Change in Total Number of Votes
AB SKF announced on August 31, 2026, that the total number of shares in the company has changed due to the conversion of Series A shares to Series B. This change affects the company's voting rights.
Gothenburg, Sweden – AB SKF announced on August 31, 2026, a change in the company's share structure. According to the company, the conversion of Series A shares to Series B shares, in accordance with AB SKF's Articles of Association, has led to a change in the total number of votes.
As a result of this conversion, the total number of shares in AB SKF amounts to 455,351,068 as of August 31, 2026. A more detailed breakdown of the number of shares and votes will be published at a later date.
The company did not specify how this conversion impacts individual shareholders' voting power or the company's governance. The change is based on provisions within AB SKF's Articles of Association that permit share class conversions under certain conditions.
AB SKF is a global bearings and seals company, manufacturing and supplying bearings, seals, and lubrication systems for industrial applications. The company's primary production facilities are located in Sweden and elsewhere in Europe.