AB Volvo has completed a conversion of 2,000,619 Series A shares to Series B shares, resulting in a modified capital structure for the Swedish industrial group. The conversion became effective as of February 27, 2026, and represents a shift in the company's shareholder composition ahead of the specified date.
Following the conversion, AB Volvo's total registered share count stands at 2,033,452,084 shares, comprised of 442,288,469 Series A shares and 1,591,163,615 Series B shares. The conversion has subsequently adjusted the company's voting power structure, with total voting rights now measured at 601,404,830.50 votes as of the effective date.
Series A shares typically carry greater voting rights per share compared to Series B shares in companies utilizing dual-class share structures. The conversion reflects changes in shareholder positioning within AB Volvo's ownership framework and may have implications for voting control and shareholder agreements within the organization.