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. At year-end 2020 Industrivärden’s market capitalization was SEK 118 billion. Trading volume in Industrivärden shares on the Stockholm Stock Exchange in 2020 totaled SEK 55 billion (51), corresponding to a turnover rate of 31% (28%) for the Class A shares and 93% (104%) for the Class C shares. Average daily trading volume was approximately 334,000 Class A shares and approximately 644,000 Class C shares.
Industrivärden’s Class A and Class C shares had standard deviations of 35.0% and 35.2%, respectively, and beta values of 1.02% and 1.02%, respectively, for the full year 2020.
Shareholders and share structure
Industrivärden has approximately 104,000 (88,000) shareholders. Foreign shareholders own 24% (21%) of the capital. A significant majority of the number of shareholders are private persons, while a significant share of the capital is owned by institutional owners such as pension and asset management companies, and foundations.
Each Class A-share carries entitlement to one vote, and each Class 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 (per August 31, 2021)
| Share structure | No. shares | No. Votes | Capital, % | Votes, % |
| A (1 vote) | 267,111,711 | 267,111,711 | 61.4 | 94.1 |
| C (1/10 vote) | 168,098,166 | 16,809,816 | 38.6 | 5.9 |
| Total | 435,209,877 | 283,921,527 | 100.0 | 100.0 |
As per October 31, 2021, 3,310,769 Class A shares were held in own custody.
Return
During the last ten-year period the average annual total return for Industrivärden’s Class A and C shares was 12%, compared with 11% for the total return index (SIXRX). During the same period, the MSCI World Index generated an annualized total return of 11%.
Value performance
Annual average change per September 30, 2021
| Total return | |||
|
Net Asset Value* |
Industrivärden C |
Index (SIXRX) |
|
|
9M:2021 |
8% |
5% |
24% |
|
1 year |
17% |
17% |
32% |
|
3 years |
9% |
13% |
18% |
|
5 years |
13% |
14% |
16% |
|
7 years |
12% |
15% |
15% |
|
10 years |
15% |
18% |
16% |
* 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 stock in the Company. Information on the incentive programs and on shareholdings of board members and members of the Executive Management is provided below.
Trading per marketplace (per December 31, 2020)
Shareholder structure (per December 31, 2020)
| No. shares | No. shareholders | Capital, % |
| 1-500 | 83,140 | 2 |
| 501-1,000 | 9,003 | 2 |
| 1,001-5,000 | 9,359 | 5 |
| 5,001-10,000 | 1,317 | 2 |
| 10,001-15,000 | 394 | 1 |
| 15,001-20,000 | 210 | 1 |
| 20,001- | 685 | 87 |