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