Volvo 2002 Annual Report Download - page 5

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300
0
200220012000
Volvo B
50
10 0
15 0
200
250
Affärsvärldens Generalindex
MSCI-Europe - Machinery Index
During 2002, the percentage of non-
Swedish shareholders increased from 47%
to 50% of the share capital (from 37% to
40% of the voting rights). Of Volvo’s
211,000 shareholders, the 50 largest
accounted for 84% of the voting rights and
80% of the share capital, excluding shares
held by Volvo.
Meeting approve a dividend of SEK 8.00
per share, a total of approximately SEK
3,356 M, corresponding to a direct return
of 5.6%.
Dow Jones Sustainability Index
Volvo has a history of corporate citizen-
ship based on its three core values; qual-
ity, safety and care for the environment.
As of 2002, the Volvo share is part of the
newly launched Dow Jones STOXX
Sustainability Indexes. Launched in 1999,
the Dow Jones Sustainability World Index
is the first global index tracking the per-
formance of the leading sustainability-
driven companies worldwide. It covers
the top 10% of the largest 2,500 com-
panies in the Dow Jones Global Index in
terms of economic, environmental and
social criteria.
B shares declined by 19% in 2002 com-
pared with a decrease of 26% on the
MSCI-Europe-machinery index.
A total of 377 million Volvo shares
were traded on Stockholmsbörsen which
accounts for the largest percentage of
turnover, with an average of 1.5 million
Volvo shares traded each day. During
2002, Volvo was the 13th most-actively-
traded share in terms of value on Stock-
holmsbörsen.
Dividend
Volvo’s dividend policy states that the
effective return (the dividend combined
with the change in share price over the
long term) should exceed the average for
the industry. For fiscal year 2002, the
Board of Directors proposes that the
shareholders at the Annual General
The largest shareholders in
AB Volvo, December 31, 2002 1
Share capital, %2
Renault SA 20.0
Franklin Templeton funds 5.9
Robur aktiefonder 3.3
Alecta 3.1
SHB 2.0
1Following the repurchase of own shares, AB Volvo held 5% of
the Company’s shares on Dec 31, 2002.
2 Based on all registered shares.
Share capital, Dec 31 2002
Registered number of shares 1441,520,885
of which, Series A shares 2138,604,945
of which, Series B shares 3302,915,940
Par value, SEK 6
Share capital, SEK M 2,649
Number of shareholders 210,571
Private persons 201,829
Legal entities 8,742
1Following the repurchase of own shares, the number of out-
standing shares was 419,444,842.
2Series A shares carry one vote each.
3Series B shares carry one tenth of a vote each.
Price Trend, Volvo series B shares SEK