The AAK share
AAK’s shares have been traded since October 2, 2006
on the NASDAQ OMX, Stockholm, the Nordic List. As
from January 2, 2014, AAK shares have been traded
in the Large Cap (previously Mid Cap) segment in the
Consumer Commodities sector. The abbreviation is AAK
and the ISIN code is SE0011337708.
Turnover and price trend
During 2018, 86.1 million (78.3) million shares were
traded at a total value of SEK 11,437 million (8,083),
which corresponds to a turnover rate of 34 percent
(31). The average trade per trading day was 347,107
(312,042) shares or SEK 46 million (32). At the
year-end, the price was SEK 122.70 (117.08) and
AAK’s market value was SEK 31,133 million (29,708).
The highest price during the year was SEK 154.06
(September 28) and the lowest price was SEK 115.67
As at December 31, 2018, the share capital of AAK was
SEK 422,884,890 (422,884,890). The number of shares
was 253,730,934 (42,288,489). In June, the number
of shares and votes in AAK AB (publ.) increased as a
result of the share split (6:1) resolved upon by AAK AB’s
Annual General Meeting on May 30, 2018. The quota
value per share was SEK 1.67. Each share entitles
the holder to one vote. All shares have equal rights to
participate in the profits and assets of the Company.
There were 11,820 (10,209) shareholders as at
December 31, 2018.
Planned dividend policy
The Board of Directors has adopted a dividend policy.
According to the policy, the objective of the Board of
Directors, taking into account the development of Group
earnings, its financial position and future development
opportunities, is to propose annual dividends equivalent
to at least 30–50 percent of the profit for the year, after
tax, for the Group.
The Board of Directors proposes a dividend for the 2018
financial year of SEK 1.85 (1.63) per share, a total of
SEK 469 million (412).
AAK’s Investor Relations work
AAK’s aim is for the shares to be valued on the basis
of relevant, accurate and up-to-date information. This
requires a clear strategy for financial communication,
reliable information and regular contact with financial
Contact with the financial markets takes place via
presentations in conjunction with quarterly reports
and meetings with analysts, investors and journalists
at capital market days, seminars and visits to AAK’s
During 2018, a capital market day was held in
Blekinge, Sweden and a large number of meetings were
held with analysts and other professional operators on
site in Copenhagen, London and Stockholm.
Those interested can obtain presentation material and
listen to audio recordings from quarterly presentations
ABG Sundal Collier – Casper Blom
Berenberg Bank – James Targett
Carnegie Investment Bank – Kenneth Toll Johansson
Exane BNP Paribas – Heidi Vesterinen
Handelsbanken – Karri Rinta
Nordea Bank – Alexandra Barganowski
SEB Enskilda – Carl Mellerby
Danske Bank – Oskar Lindström
Financial information about AAK is available at
www.aak.com, where financial reports, press releases
and presentations can be obtained. The Company’s
press releases are distributed via Cision and are also
available on the Company’s website.
The Company management can be contacted as
follows: Telephone: +46 (0)40-627 83 00
Fredrik Nilsson, CFO
Telephone: +46 (0)40-627 83 00