The Peab share
Peab’s B share is listed on the Nasdaq Stockholm, Large Cap. As of 31 December 2017 the total market capital of Peab was SEK 20.9 billion (21.4).
TRADING IN THE PEAB SHARE
As of 31 December 2017 the last day of the year the closing price of the Peab B share was SEK 70.60 (72.30), which was a two percent decrease during the year. The Swedish Stock Exchange, measured by the Affärsvärlden Index, increased in 2017 by six percent (six). In 2017, the Peab B share was quoted at a maximum of SEK 109.50 (77.30) and a minimum of SEK 70.60 (54.60). About 122 million shares (106) were traded, which was equivalent to 487,000 shares per trading day (421,000) and a turnover rate of 46.7 percent.
TOTAL RETURN
The total return on the Peab share in 2017 amounted to 2.6 percent, to be compared to the SIX Return index of 9.5 percent. In the five-year period 1 January 2013 to 31 December 2017 the annual total return on Peab’s B share amounted to 165.6 percent, to be compared to the SIX Return Index of 96.4 percent during the same period.
SHARES AND SHARE CAPITAL
The total number of shares at the beginning of 2017 was 296,049,730 divided into 34,319,957 A shares with 10 voting rights per share and 261,729,773 B shares with one voting right per share. The share capital amounted to SEK 1,583.9 million (1,583.9).
At the end of 2017 the number of A shares was 34,319,957 representing 11.6 percent (11.6) of capital and 56.7 percent (56.7) of the votes and the number of B shares was 261,729,773 representing 88.4 percent (88.4) of capital and 43.3 percent (43.3) of the votes. Information on share capital development over time is available at www.peab.com.
HOLDINGS OF OWN SHARES
At the beginning of 2017 Peab’s own B shareholding was 1,086,984 which corresponds to 0.4 percent of the total number of shares. No own shares were repurchased or divested in 2017.
DIVIDEND
A dividend of SEK 4.00 (3.60) per share is proposed for 2017. Excluding the 1,086,984 shares owned by Peab AB per 31 December 2017, which are not entitled to dividends, the proposed dividend is equivalent to a total dividend distribution of SEK 1,180 million (1,062). Calculated as a share of the Group’s reported profit for the year, the proposed dividend amounts to 57 percent (61).
The direct return calculated on the proposed dividend and at the closing price on 31 December 2017 is 5.7 percent (5.0).
Price trend of the Peab share
1 January – 31 December 2017
Total return
31 December 2012 – 31 December 2017
List of shareholders on 31 December 2017
| A shares | B shares | Total number of shares | Proportion of capital, % | Proportion of votes, % | |
| Ekhaga Utveckling AB | 25,563,264 | 35,707,059 | 61,270,323 | 20.7 | 48.2 |
| AB Axel Granlund | 1,500,000 | 18,000,000 | 19,500,000 | 6.6 | 5.5 |
| Mats Paulsson | 3,861,354 | 7,262,500 | 11,123,854 | 3.8 | 7.6 |
| Peab´s profit share foundation | 9,439,000 | 9,439,000 | 3.2 | 1.6 | |
| Kamprad family foundation | 8,600,000 | 8,600,000 | 2.9 | 1.4 | |
| CBNY-Norges Bank | 6,844,883 | 6,844,883 | 2.3 | 1.1 | |
| SEB Investment Management | 5,838,068 | 5,838,068 | 2.0 | 1.0 | |
| SIX SIS AG, W8IMY | 3,661,323 | 3,661,323 | 1.2 | 0.6 | |
| Danica Pension | 3,391,655 | 3,391,655 | 1.1 | 0.6 | |
| CBNY-DFA-INT SML CAP V | 3,377,469 | 3,377,469 | 1.1 | 0.6 | |
| Clients Account-DCS | 3,100,181 | 3,100,181 | 1.0 | 0.5 | |
| Handelsbanken Funds | 2,948,269 | 2,948,269 | 1.0 | 0.5 | |
| Carnegie Funds | 2,946,516 | 2,946,516 | 1.0 | 0.5 | |
| JPM CHASE NA | 2,859,788 | 2,859,788 | 1.0 | 0.5 | |
| Other shareholders related to the Paulsson family | 891,912 | 2,302,250 | 3,194,162 | 1.0 | 1.8 |
| Other shareholders | 2,503,427 | 144,363,828 | 146,867,255 | 49.7 | 27.8 |
| Number of outstanding shares | 34,319,957 | 260,642,789 | 294,962,746 | ||
| Peab AB | 1,086,984 | 1,086,984 | 0.4 | 0.2 | |
| Number of registered shares | 34,319,957 | 261,729,773 | 296,049,730 | 100.0 | 100.0 |
Data per share
| 2017 | 2016 | |
| Earnings, SEK | 6.97 | 5.85 |
| Equity, SEK | 35.13 | 31.80 |
| Cash flow before financing, SEK | 7.78 | 8.99 |
| Share price at year-end, SEK | 70.60 | 72.30 |
| Share price/equity, % | 201.0 | 227.4 |
| Dividend, SEK 1) | 4.00 | 3.60 |
| Direct return, % 2) | 5.7 | 5.0 |
| P/E-ratio 2) | 10 | 12 |
1) For 2017, Board of Directors´ proposal to the AGM.
2) Based on closing price at year-end.
Allocation of shareholdings 1)
| Number of shares | Number of shareholders | Proportion of capital, % | Proportion of votes, % | |
| 1– 500 | 21,523 | 1.2 | 0.6 | |
| 501– 1,000 | 5,407 | 1.5 | 0.7 | |
| 1,001– 5,000 | 6,960 | 5.7 | 2.8 | |
| 5,001– 10,000 | 1,264 | 3.1 | 1.5 | |
| 10,001– 15,000 | 479 | 2.0 | 1.0 | |
| 15,001– 20,000 | 259 | 1.6 | 0.8 | |
| 20,001– | 715 | 84.9 | 92.6 | |
| 36,607 | 100.0 | 100.0 |
1) Per 2017-12-31
Shares and votes per share class 1)
| Share class | Number | Number of votes | Proportion of capital, % | Proportion of votes, % |
| A | 34,319,957 | 10 | 11.6 | 56.7 |
| B | 261,729,773 | 1 | 88.4 | 43.3 |
| Total | 296,049,730 | 100.0 | 100.0 |
Shareholder categories, proportion
of capital 1)
Shareholder categories, proportion
of votes 1)
1) Per 2017-12-31
Dividend and direct return
Key ratios
Earnings and dividend per share 1)
1) For 2017, Board of Directors’ proposal to the AGM.
Equity per share