NCC Converts 90 Series A Shares to Series B
NCC AB has converted 90 Series A shares into Series B shares following shareholder requests. The total number of voting rights in the company now stands at over 215.8 million.
NCC AB announced on October 31, 2023, that it has converted 90 Series A shares to Series B shares at the request of shareholders. This corporate action is being disclosed in accordance with Swedish financial regulations.
Following the conversion, NCC AB's total number of registered shares is 99,760,956. Of these, 12,904,033 are Series A shares and 86,856,923 are Series B shares. The company holds 2,099,221 Series B shares in treasury.
The total number of voting rights in the company now amounts to 215,897,253. This disclosure is made as per the Swedish Financial Instruments Trading Act (1991:980).
NCC is a Nordic construction company with sales of SEK 54 billion and 12,500 employees in 2022. Its operations include building and infrastructure project contracting, asphalt and stone materials production, and commercial property development. The company's shares are listed on Nasdaq Stockholm.