Major shareholder investment company Industrivärden bought 1.5 million B shares in truck and bus manufacturer Volvo on 27 October. The shares were bought at a price of SEK 310.97 per share, a transaction worth SEK 466.5 million. The transaction was carried out on several different stock exchanges. This is shown in the Swedish Financial Supervisory Authority’s insider register.
Industrivärden is Volvo’s largest shareholder. Its holding thereafter amounts to 199.3 million shares, corresponding to 9.80 percent of the capital and 28.31 percent of the votes, according to the Holdings ownership service.
