Swedbank shares

Swedbank has three types of shares, ordinary shares (A shares), preference shares and C shares. The ordinary shares have one vote per share and are the only listed shares.

The preference shares

The preference shares were issued in the 2008 rights issue. Last day of trading in preference shares were 27 March 2013. The total number of outstanding preference shares at that time will automatically be converted into ordinary shares. Euroclear's registration date of the new ordinary shares is 8 April. Previously, shareholders have voluntarily been able to request to convert their preference shares to ordinary shares in February and August of each year.  

Information regarding mandatory conversion of preference shares

Tax issues and conversion of the preference shares

The C shares

The C shares were issued and repurchased in May 2011 in order to hedge the arrangements related to Swedbank’s undertakings regarding the incentive programme for 2010. In May 2012 all C-shares were cancelled. The C share was entitled to a tenth of a vote.

Press release about the C share issue