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Finwire

Major shareholder Industrivärden buys shares in Sandvik for SEK 359 million

Major shareholder investment company Industrivärden purchased 1.0 million shares in engineering company Sandvik on 28 October. The shares were purchased at a price of SEK 358.69 per share, a transaction worth SEK 358.7 million. The transaction was carried out on several different exchanges. This is shown in the Swedish Financial Supervisory Authority’s insider register.

Industrivärden is Sandvik’s largest shareholder. Its holding subsequently amounts to 188.5 million shares, corresponding to 15.03 percent of the capital and votes, according to the Holdings ownership service.

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