AB Volvo (B shares) (VOLV-B) — Stock analysis
SEKCurrent price
325,50 SEK
2,10 SEK (+0.65%) today
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About AB Volvo (B shares)
AB Volvo (not Volvo Cars, which belongs to Geely) is a Swedish industrial group and global leader in heavy trucks (Volvo Trucks, Renault Trucks, Mack Trucks), buses (Volvo Buses), construction equipment (Volvo CE, SDLG) and marine and industrial engines (Volvo Penta). B shares (VOLV-B) are more liquid and carry no voting rights. Headquartered in Gothenburg, Sweden.
What does AB Volvo do?▾
AB Volvo makes heavy trucks (Volvo Trucks is the world's second-largest brand by volume, completed by Renault Trucks and Mack Trucks), buses, construction machinery (excavators, wheel loaders Volvo CE) and marine engines (Volvo Penta). It does NOT make Volvo Cars (those belong to Geely).
Which exchange is AB Volvo listed on?▾
AB Volvo is listed on Nasdaq Stockholm with ticker VOLV-B (B shares, more liquid) and VOLV-A (A shares, voting).
Does AB Volvo pay dividends?▾
Yes. It pays an annual dividend that may include an ordinary component and an additional special dividend. Yield is typically 4–7% in high-profitability periods.
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