Volvo 2014 Annual Report Download - page 93

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Shareholder value – Long-term value creation
BOARD OF DIRECTORS’ REPORT 2014 GROUP PERFORMANCE THE SHARE
The Volvo Group strives to create long-term value for its
shareholders.
The Volvo Group’s origins can be traced to 1927, when
the fi rst serial produced Volvo car rolled out of the factory
in Göteborg, Sweden. The fi rst serial produced truck saw
the light of day in 1928 and was an immediate success.
In 1935, AB Volvo was listed on the Stockholm Stock
Exchange.
The graph shows the total return for the Volvo B share,
measured as the share price development with all divi-
dends re-invested, since December 30, 1982, which is as
far back as the comparison index, SIX Return Index,
stretches. SIX Return Index measures the total return for
the Stockholm Stock Exchange as whole.
The graph shows that SEK 1,000 invested in the Volvo
B-share in 1982 had grown to SEK 61,130 at the end of
2015, under the condition that all dividends have been
reinvested in Volvo B shares.
SEK 1,000 invested in Volvo B shares on
December 30, 1982, was worth SEK 61,130
at the end of 2014.
SEK 61,130
SEK 1,000
1982
2014
Accumulated total return of the Volvo B share
Volvo B Total return (including reinvested dividends) SIX Return Index (including reinvested dividends) Source: SIX
1985 1990 1995 2000 2005 2010 2014
8.000
%
6.000
4.000
2.000
0
+6.013%
89