The Peab share

Peab’s B share is listed on the Nasdaq Stockholm, Large Cap. At the end of 2021 the total market capital of Peab was SEK 33.8 billion (26.5).

Trading in the Peab share

As of December 30, 2021 the last trading day of the year the closing price of the Peab B share was SEK 114.20 (89.65), which was a 27 percent increase during the year. The Swedish Stock Exchange, measured by the Affärsvärlden Index, increased in 2021 by 36 percent. In 2021, the Peab B share was quoted at a maximum of SEK 126.30 (110.70) and a minimum of SEK 88.95 (59.30). During 2021 about 95 million B shares (144) were traded, which was equivalent to 374,000 B shares per trading day (570,000) and a turnover rate of 36 percent (55).

Total return

The total return on the Peab share in 2021 amounted to 32.40 percent, to be compared to the SIX Return index of 39.34 percent. In the five-year period January 1, 2017 to December 31, 2021 the annual total return1) on Peab’s B share amounted to 103.86 percent, to be compared to the SIX Return Index of 125.99 percent during the same period.

Shares and share capital

The total number of shares at the beginning of 2021 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 2021 the number of A shares was 34,319,957 representing 11.6 percent (11.6) of the 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 the capital and 43.3 percent (43.3) of the votes. The share capital amounted to SEK 1,583.9 million (1,583.9). More information on share capital development over time is available at www.peab.com.

Holdings of own shares

At the beginning of 2021 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 2021.

Dividend

For 2021 a dividend of SEK 5.00 per share (4.50) is proposed. Excluding the 1,086,984 shares held by Peab AB per December 31, 2021 which do not entitle to a dividend, the proposed dividend entails a total dividend amount of SEK 1 475 million (1,327). Calculated as a share of recognized Group profit after tax according to segment reporting the proposed dividend amounts to 59 percent (66).

1) Distribution of Annehem Fastigheter for 2019 corresponded to SEK 7 per share. This distribution is included in the total return.

Price trend of the Peab share

1 January – 31 December 2021

Total return 1)

31 December 2016 – 31 December 2021

1) Distribution of Annehem Fastigheter for 2019 corresponded to SEK 7 per share. This distribution is included in the total return.

List of shareholders on December 31, 2021

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 36,407,059 61,970,323 20.9% 48.3%
AB Axel Granlund AB Axel Granlund 1,500,000 18,000,000 19,500,000 6.6% 5.5%
Mats Paulsson Mats Paulsson med familj 4,788,517 8,109,175 12,897,692 4.4% 9.3%
Länsförsäkringar Funds Länsförsäkringar fondförvaltning AB 14,897,001 14,897,001 5.0% 2.5%
Peab´s profit share foundation Peabs Vinstandelsstiftelse 12,458,000 12,458,000 4.2% 2.1%
STATE STREET BANK AND TRUST CO, W9 STATE STREET BANK AND TRUST CO, W9 9,044,763 9,044,763 3.1% 1.5%
Handelsbanken Funds Handelsbanken fonder 8,715,117 8,715,117 2.9% 1.4%
Kamprad family foundation Familjen Kamprads stiftelse 6,900,000 6,900,000 2.3% 1.1%
JPM CHASE NA JPM CHASE NA 5,498,107 5,498,107 1.9% 0.9%
CBNY-NORWAYS BANK CBNY-NORGES BANK 4,847,126 4,847,126 1.6% 0.8%
SIX SIS AG, W8IMY SIX SIS AG, W8IMY 4,409,402 4,409,402 1.5% 0.7%
AMF Insurance and Funds AMF Försäkringar och Fonder 4,102,673 4,102,673 1.4% 0.7%
BNP PARIBAS SEC SERVICES PARIS, W8IMY BNP PARIBAS SEC SERVICES PARIS, W8IMY 4,052,849 4,052,849 1.4% 0.7%
BNP PARIBAS SEC SERV LUXEMBOURG, W8IMY BNP PARIBAS SEC SERV LUXEMBOURG, W8IMY 3,486,183 3,486,183 1.2% 0.6%
Pension, FUTUR Pension, FUTUR 3,240,226 3,240,226 1.1% 0.5%
Other shareholders related to the Paulsson family Övriga aktieägare relaterade till familjen Paulsson 891,912 1,430,750 2,322,662 0.8% 1.7%
Other shareholders Övriga aktieägare 1,576,264 115,044,358 116,620,622 39.3% 21.5%
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

2021 2020
2021 2020
Segment reporting Segmentsredovisning
Earnings, SEK Resultat, kr 8.50 10.00
Equity, SEK Eget kapital, kr 49.68 44.92
Cash flow before financing, SEK Kassaflöde före finansiering, kr 10.31 9.42
Reporting according to IFRS Redovisning enligt IFRS
Earnings, SEK Resultat, kr 8.06 10.79
Equity, SEK Eget kapital, kr 46.38 42.18
Cash flow before financing, SEK Kassaflöde före finansiering, kr 3.57 12.72
Share price at year-end, SEK Börskurs vid årets slut, kr 114.20 89.65
Share price/equity, % Börskurs/eget kapital, % 246 213
Dividend, SEK 1)  Kontant utdelning, kr 1)  5.00 4.50
Direct return, % 2) Direktavkastning, % 2) 4.4 5.0
P/E-ratio 2) P/E-tal 2) 11 8

1) The Board of Directors’ proposal to the AGM for 2021.

2) Based on closing price at year-end.

Allocation of shareholdings per 2021-12-31

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 41,058 1.8 0.9
501– 1,000 501– 1,000 6,415 1.8 0.9
1,001– 5,000 1,001– 5,000 7,412 5.9 2.9
5,001– 10,000 5,001– 10,000 1,239 3.1 1.5
10,001– 15,000 10,001– 15,000 415 1.7 0.9
15,001– 20,000 15,001– 20,000 223 1.4 0.7
20,001– 20,001– 563 84.3 92.2
57,325 100.0 100.0

Shares and votes per share class 2021-12-31

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 2021-12-31

Shareholder categories, proportion
of votes per 2021-12-31

Dividend and direct return

* No cash dividend was distributed in 2019. Distribution of Annehem Fastigheter corresponded to SEK 7 per share at the time of the distribution on December 11, 2020. Direct return of 7.5 percent is calculated on the final price 2019-12-31.** Board of Directors' proposal to the AGM.

Key ratios

Earnings and dividend per share

Segment reporting

*Not translated taking into account the changed principles for our own housing developments. ** No cash dividend was distributed for 2019. Distribution of Annehem Fastigheter corresponded to SEK 7 per share at the time of the distribution on December 11, 2020. ***The Board of Directors’ proposal to the AGM.

Equity per share

Segment reporting

* Not translated taking in to account the changed principles for our own housing developments.