Share structure
Industrivärden's stock
Industrivärden’s Class A and Class C shares are listed on the Stockholm Stock Exchange (Nasdaq OMX Nordic Stockholm), Large Cap segment. Trading volume in Industrivärden shares in 2019 totaled SEK 74 billion (36), corresponding to a turnover rate of 28% (19%) for the Class A shares and 104% (82%) for the Class C shares. Average daily trading volume was approximately 298,000 Class A shares and approximately 686,000 Class C shares. Slightly more than half of trading was conducted on the Stockholm Stock Exchange.
Industrivärden’s Class A and Class C shares had standard deviations of 16.3% and 16.4%, respectively, and beta values of 1.12% and 1.10%, respectively, for the full year 2019.
Shareholders and share structure
Industrivärden has approximately 88,000 shareholders. Foreign shareholders’ share of the capital amounts to 21%. A significant majority of the number of shareholders consists of private persons, while a significant share of the capital is owned by institutional owners such as pension and asset management companies, and foundations.
Each A-share carries entitlement to one vote, and each C-share carries entitlement to 1/10 of a vote. All shares carry equal entitlement to the Company’s assets, earnings and dividends.
Share structure
| Share structure | No. shares | No. Votes | Capital, % | Votes, % |
| A (1 vote) | 267,111,784 | 267,111,784 | 61.4 | 94.1 |
| C (1/10 vote) | 168,098,093 | 16,809,809 | 38.6 | 5.9 |
| Total | 435,209,877 | 283,921,593 | 100.0 | 100.0 |
Return
During the last ten-year period the average annual total return for Industrivärden’s Class A and C shares was 14% and 15%, respectively, compared with 12% for the total return index (SIXRX). During the same period, the MSCI World Index generated an annualized total return of 10%.
Value performance
Annual average change per September 30, 2020
| Total return | |||
|
Net Asset Value* |
Industrivärden C |
Index (SIXRX) |
|
|
9M:2020 |
0% |
6% |
8% |
|
1 year |
12% |
11% |
19% |
|
3 years |
7% |
7% |
11% |
|
5 years |
12% |
13% |
12% |
|
7 years |
11% |
14% |
12% |
|
10 years |
10% |
13% |
11% |
* Including reinvested dividend
Employee ownership
Industrivärden encourages its employees to make personal investments in Industrivärden shares, as this aligns the interests of the Company’s employees with other shareholders. The long-term incentive programs adopted by the Annual General Meeting make up part of the employees’ total compensation and also aim to increase employees’ ownership of shares in the Company. Information on the incentive programs and on shareholdings of board members and members of the Executive Management is provided on:
Trading per marketplace
Shareholder structure
| No. shares | No. shareholders | Capital, % |
| 1-500 | 66,739 | 2 |
| 501-1,000 | 8,749 | 2 |
| 1,001-5,000 | 9,365 | 5 |
| 5,001-10,000 | 1,367 | 2 |
| 10,001-15,000 | 386 | 1 |
| 15,001-20,000 | 222 | 1 |
| 20,001- | 7422 | 87 |