The Peab share

Peab’s B share is listed on the Nasdaq Stockholm, Large Cap. As of 31 December 2018 the total market capital of Peab was SEK 21.4 billion (20.9).

TRADING IN THE PEAB SHARE

As of 31 December 2018 the last day of the year the closing price of the Peab B share was SEK 72.40 (70.60), which was a three percent increase during the year. The Swedish Stock Exchange, measured by the Affärsvärlden Index, decreased in 2018 by eight percent. In 2018, the Peab B share was quoted at a maximum of SEK 85.85 (109.50) and a minimum of SEK 62.60 (70.60). About 147 million B shares (122) were traded, which was equivalent to 589,000 B shares per trading day (487,000) and a turnover rate of 56 percent.

TOTAL RETURN

The total return on the Peab share in 2018 amounted to 8.1 percent, to be compared to the SIX Return index of 4.4 percent. In the five-year period 1 January 2014 to 31 December 2018 the annual total return on Peab’s B share amounted to 123.7 percent, to be compared to the SIX Return Index of 46.7 percent during the same period.

SHARES AND SHARE CAPITAL

The total number of shares at the beginning of 2018 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.

At the end of 2018 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. The share capital amounted to SEK 1,583.9 million (1,583.9). Information on share capital development over time is available at www.peab.com.

HOLDINGS OF OWN SHARES

At the beginning of 2018 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 2018.

DIVIDEND

A dividend of SEK 4.20 (4.00) per share is proposed for 2018. Excluding the 1,086,984 shares owned by Peab AB per 31 December 2018, which are not entitled to dividends, the proposed dividend is equivalent to a total dividend distribution of SEK 1,239 million (1,180). Calculated as a share of the Group’s reported profit for the year, the proposed dividend amounts to 59 percent (57).

The direct return calculated on the proposed dividend and at the closing price on 31 December 2018 is 5.8 percent (5.7).

Price trend of the Peab share

1 January – 31 December 2018

Total return

31 December 2013 – 31 December 2018

List of shareholders on 31 December 2018

A shares B shares Total number of shares Proportion of capital, % Proportion of votes, %
A-aktier B-aktier Totalt antal aktier Andel av kapital, % Andel av röster, %
Ekhaga Utveckling AB Ekhaga Utveckling AB 25,563,264 36,057,059 61,620,323 20.8 48.2
AB Axel Granlund AB Axel Granlund 1,500,000 18,000,000 19,500,000 6.6 5.5
Mats Paulsson Mats Paulsson 3,861,354 7,262,500 11,123,854 3.8 7.6
Peab´s profit share foundation Peabs Vinstandelsstiftelse 10,408,000 10,408,000 3.5 1.7
STATE STREET BANK AND TRUST CO, W9 STATE STREET BANK AND TRUST CO, W9 8,961,931 8,961,931 3.0 1.5
SEB Investment Management SEB Investment Management 8,839,689 8,839,689 3.0 1.5
Kamprad family foundation Familjen Kamprads stiftelse 8,600,000 8,600,000 2.9 1.4
CBNY-Norges Bank CBNY-Norges Bank 7,282,461 7,282,461 2.5 1.2
Handelsbanken Funds Handelsbanken fonder 5,085,000 5,085,000 1.7 0.8
SIX SIS AG, W8IMY SIX SIS AG, W8IMY 4,723,125 4,723,125 1.6 0.8
BNP PARIBAS SEC SERV LUXEMBOURG, W8IMY BNP PARIBAS SEC SERV LUXEMBOURG, W8IMY 4,513,423 4,513,423 1.5 0.7
CBNY-DFA-INT SML CAP V CBNY-DFA-INT SML CAP V 3,782,060 3,782,060 1.3 0.6
Danica Pension Danica Pension 3,562,438 3,562,438 1.2 0.6
JPM CHASE NA JPM CHASE NA 3,386,913 3,386,913 1.1 0.6
BNY MELLON NA (FORMER MELLON), W9 BNY MELLON NA (FORMER MELLON), W9 3,373,516 3,373,516 1.1 0.6
BNY MELLON SA/NV (FORMER BNY), W8IMY BNY MELLON SA/NV (FORMER BNY), W8IMY 3,251,172 3,251,172 1.1 0.5
DEUTSCHE BANK AG, W8IMY DEUTSCHE BANK AG, W8IMY 3,101,181 3,101,181 1.0 0.5
Other shareholders related to the Paulsson family Övriga aktieägare relaterade till familjen Paulsson 891,912 1,952,250 2,844,162 1.0 1.8
Other shareholders Övriga aktieägare 2,503,427 118,500,071 121,003,498 40.9 23.7
Number of outstanding shares Totalt utestående aktier 34,319,957 260,642,789 294,962,746
Peab AB Peab AB 1,086,984 1,086,984 0.4 0.2
Number of registered shares Totalt registrerade aktier 34,319,957 261,729,773 296,049,730 100.0 100.0

Data per share

2018 2017
2018 2017
Earnings, SEK Resultat, kr 7.12 7.01
Equity, SEK Eget kapital, kr 38.47 35.02
Cash flow before financing, SEK Kassaflöde före finansiering, kr -3.46 7.78
Share price at year-end, SEK Börskurs vid årets slut, kr 72.40 70.60
Share price/equity, % Börskurs/eget kapital, % 188 202
Dividend, SEK 1) Utdelning, kr 1)  4.20 4.00
Direct return, % 2) Direktavkastning, % 2) 5.8 5.7
P/E-ratio 2) P/E-tal 2) 10 10
1) For 2018, Board of Directors´ proposal to the AGM.
2) Based on closing price at year-end.

Allocation of shareholdings per 2018-12-31

Number of shares Number of shareholders Proportion of capital, % Proportion of votes, %
Antal aktier Antal aktieägare Andel av kapitalet, procent Andel av rösterna, procent
1– 500 1– 500 21,925 1.2 0.6
501– 1.000 501– 1,000 5,250 1.5 0.7
1.001– 5.000 1,001– 5,000 6,805 5.5 2.7
5.001– 10.000 5,001– 10,000 1,239 3.1 1.5
10.001– 15.000 10,001– 15,000 446 1.8 0.9
15.001– 20.000 15,001– 20,000 226 1.4 0.7
20.001– 20,001– 638 85.5 92.9
36,529 100.0 100.0

Shares and votes per share class 2018-12-31

Share class Number Number of votes Proportion of capital, % Proportion of votes, %
Aktieslag Antal Röstetal Andel av kapitalet, % Andel av rösterna, %
A A 34,319,957 10 11.6 56.7
B B 261,729,773 1 88.4 43.3
Total  Totalt 296,049,730 100.0 100.0

Shareholder categories, proportion
of capital per 2018-12-31

Shareholder categories, proportion
of votes per 2018-12-31

Dividend and direct return

* Not recalculated taking IFRS 15 into account
** Board of Directors’ proposal for 2018

Key ratios

Earnings and dividend per share

* Not recalculated taking IFRS 15 into account
** Board of Directors’ proposal for 2018

Equity per share

* Not recalculated taking IFRS 15 into account