Saab implements share split and decides on record date
The Annual General Meeting of Saab resolved today on a share split whereupon each share, regardless of series, is divided into four shares of the same series. The Board has now decided that the record date for the share split will be May 8, 2024.
Last day of trading in Saab’s B shares prior to the share split is May 6, 2024. First day of trading in Saab’s B shares post the share split is May 7, 2024. As a result of the share split, Saab’s B shares will be traded under a new ISIN code as of May 7, 2024. The new ISIN code for Saab’s B shares is SE0021921269.
The share split will be automatically implemented via Euroclear Sweden AB and no actions are required by the shareholders. The new number of shares is expected to be registered on the securities account (Sw. VP-konto) of each shareholder by May 10, 2024.
After the share split the total number of shares in Saab will amount to 543,383,388, whereof 9,535,612 A shares and 533,847,776 B shares.
Contact
Mattias Rådström
Head of Media Relations
+46 (0)734 180 018
[email protected]
Saab is a leading defence and security company with an enduring mission, to help nations keep their people and society safe. Empowered by its 22,000 talented people, Saab constantly pushes the boundaries of technology to create a safer and more sustainable world. Saab designs, manufactures and maintains advanced systems in aeronautics, weapons, command and control, sensors and underwater systems. Saab is headquartered in Sweden. It has major operations all over the world and is part of the domestic defence capability of several nations.
The information is such that Saab AB is obliged to make public pursuant to the Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out above, on 11 April 2024 at 18.00 (CET).
