Volvo 2009 Annual Report Download - page 37

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The largest shareholders in AB Volvo,
December 31, 20091
Voting rights, %
Renault s.a.s. 21.3
Industrivärden 8.8
SHB 6.2
Violet Partners LP 5.5
AFA Insurance 4.1
1 Following the repurchase of its own shares, AB Volvo held
20,728,135 class A shares and 80,265,060 class B
shares comprising in total 4.7% of the number of regis-
tered shares on December 31, 2009.
FTSE Top 100OMXSPI
Source: NASDAQ OMX/FTSE
Volvo B
05 06 07 08 09
20
40
60
80
100
120
140
160
1 Share of capital, registered shares.
Sweden, 50%
France, 22%
USA, 14%
United Kingdom, 6%
Luxenbourg, 2%
Switzerland, 2%
Norway, 2%
Others, 2%
Non-Swedish owners, 50%
Private shareholders, 13%
Pension funds and insurance
companies, 15%
Savings funds, 11%
Others, 11%
1 Share of capital, registered shares.
The employees’ ownership of shares in Volvo through pension foundations is
remote.
Share capital, December 31, 2009
Registered number of shares12,128,420,220
of which, Series A shares2677,601,630
of which, Series B shares31,450,818,590
Quota value, SEK 1.20
Share capital, SEK M 2,554
Number of shareholders 23 3 , 311
Private persons 219,955
Legal entities 13,356
More details on the Volvo share, see note 23.
1 The number of outstanding shares was 2,027,427,025
at December 31, 2009.
2 Series A shares carry one vote each.
3 Series B shares carry one tenth of a vote each.
Credit rating at February 26, 2010
Short term Long term
Moody’s P-2 Baa2 stable
Standard & Poor's A3 BBB negative
DBRS R-1 (low) –
R&I (Japan) a-1 A stable
Ownership by country1, % Ownership categories1, %
Price trend, Volvo Series B shares, SEK
More details on the Volvo share are
provided in note 23 to the nancial
statements and in the Eleven-year
summary.
33