The NIBE share

NIBE’s class B share is listed on Large Cap, Nasdaq Nordic under the name NIBE Industrier AB with ISIN code SE0008321293 in the Construction & Materials sector. NIBE was registered on the OTC list of the Stockholm Stock Exchange on June 16, 1997 following the issue of
1,170,000 new class B shares. The subscription price then was SEK 70 per share.

Since the initial public offering, a 4:1 share split has been carried out four times, in 2003, 2006, 2016 and 2021, which means that the subscription price of SEK 70 corresponds to SEK 0.27 per share now. New issues were conducted on two occasions since the initial public offering: in 2011/2012 with a private placement of 261,338,208 B shares in conjunction with the secondary listing on the SIX Swiss Exchange, and in 2016 with a rights issue of 29,566,264 A shares and 222,442,016 B shares.

Share capital

NIBE Industrier AB’s share capital totals SEK 79 million and is divided into 233,130,360 class A shares and 1,782,936,128 class B shares. The quotient value is SEK 0.03906 per share. Each class A share carries ten votes at general meetings and each class B share carries one vote. All shares carry the same entitlement to dividends. At the end of 2024, there were no outstanding convertible loans or options that could risk diluting the share capital.

Secondary listing

Following the new share issue in 2011, NIBE’s class B shares are now also listed on the SIX Swiss Exchange.

Dividend policy

The aim is for the company to pay a dividend equivalent to 25–30% of the Group’s profit after tax over the long term. The Board proposes a dividend of SEK 0.30 per share for the 2024 financial year, which corresponds to 52% of the Group’s earnings per share after tax. Adjusted for the action plan, the dividend corresponds to 29% of profit after tax.

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