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 segment in the Consumer Commodities
sector. The abbreviation is AAK and the ISIN code is
SE0011337708.
Turnover and price trend
During 2019, 118,0 million (86,1) shares were traded
at a total value of SEK 19,585 million (11,437), which
corresponds to a turnover rate of 47 percent (34). The
average trade per trading day was 472,141 (347,107)
shares or SEK 78 million (46). At the year-end, the price
was SEK 178.00 (122.70) and AAK’s market value was
SEK 45,164 million (31,133). The highest price during
the year was SEK 202.10 (August 2) and the lowest
price was SEK 120.98 (January 3).
Share capital
As at December 31, 2019, the share capital of AAK was
SEK 422,884,890 (422,884,890). The number of shares
was 253,730,934 (253,730,934). 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.
Ownership
There were 17,250 (11,820) shareholders as at
December 31, 2019. There are shareholders in more
than 40 countries, and the total ownership outside of
Sweden amounted to 32 percent (31) at year-end. The
52
ten largest individual shareholders accounted for 55
percent of the share capital on the same date. As of 31
December 2019, members of AAK’s Group Executive
Management owned a total of 660,400 shares in AAK.
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.
Ordinary dividend
The Board of Directors has proposed to postpone the
decision on the dividend for the 2019 financial year.
For further information, please see page 47.
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
market stakeholders.
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
divisions.
During 2019, a capital market day was held in Aarhus,
Denmark and a large number of meetings were held
with analysts and other professional operators on site in
Malmö, Copenhagen, London and Stockholm.
Those interested can obtain presentation material and
listen to audio recordings from quarterly presentations
at www.aak.com.
Analysts
ABG Sundal Collier – Fredrik Ivarsson
Berenberg Bank – James Targett
Carnegie Investment Bank – Kenneth Toll Johansson
Danske Bank – Oskar Lindström
Exane BNP Paribas – Heidi Vesterinen
Handelsbanken – Karri Rinta
Nordea Bank – Christer Beckard
SEB Enskilda – Carl Mellerby
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
Email: info@aak.com
Shareholder contacts
Fredrik Nilsson, CFO
Telephone: +46 (0)40-627 83 00
Email: fredrik.nilsson@aak.com