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Finwire

Lundbergs buys SEK 348 million worth of shares in Sandvik

Major shareholder, real estate and investment company Lundbergs bought 1.0 million shares in engineering company Sandvik between 23 and 26 October. The shares were bought at an average price of SEK 348.33 per share, a transaction worth SEK 348.3 million. The transaction was carried out on Nasdaq Stockholm. This is shown by the Swedish Financial Supervisory Authority’s insider register.

On 28 September, Lundbergs owned 43 million shares, corresponding to 3.43 percent of the capital and votes in Sandvik, according to the ownership service Holdings. Lundbergs is the largest shareholder in Industrivärden, which in turn is the largest shareholder in Sandvik.

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