The Peab share
Peab’s B share is listed on the Nasdaq Stockholm, Large Cap. At the end of 2023 the total market capital of Peab was SEK 16.9 billion (17.5).
Trading in the Peab share
On December 30, 2023 the last trading day of the year the closing price of the Peab B share was SEK 57.10 (59.10), which was a 3 percent decrease during the year. The Swedish Stock Exchange, measured by the Affärsvärlden Index, increased in 2023 by 16 percent. In 2023, the Peab B share was quoted at a maximum of SEK 71.10 (115.40) and a minimum of SEK 38.26 (50.90). During 2023 about 142 million B shares (111) were traded, which was equivalent to 567,000 B shares per trading day (440,000) and a turnover rate of 55 percent (41).
Total return
The total return on the Peab share in 2023 amounted to 3.38 percent, to be compared to the SIX Return index of 19.19 percent. In the five-year period January 1, 2019 to December 31, 2023 the annual total return1) on Peab’s B share amounted to 4.34 percent, to be compared to the SIX Return Index of 98.78 percent during the same period.
Shares and share capital
The total number of shares at the beginning of 2023 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 2023 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 2023 Peab’s own B shareholding was 8,597,984 which corresponds to 2.9 percent of the total number of shares. During 2023, Peab has not repurchased or divested any of its own shares.
Dividend
For 2023 a dividend of SEK 1.50 per share (4.00) is proposed. Excluding the 8,597,984 shares held by Peab AB per December 31, 2023 which do not entitle to a dividend, the proposed dividend entails a total dividend amount of SEK 431 million (1 150). Calculated as a share of recognized Group profit after tax according to segment reporting the proposed dividend amounts to 30 percent (56).
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
January 1 – December 31 2023
Total return 1)
December 31, 2018 – December 31, 2023
1) Distribution of Annehem Fastigheter for 2019 corresponded to SEK 7 per share. This distribution is included in the total return.
List of shareholders per 2023-12-31
| 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 | 21.6% | 49.0% |
| AB Axel Granlund | AB Axel Granlund | 1,500,000 | 18,000,000 | 19,500,000 | 6.8% | 5.5% |
| Mats & Fredrik Paulsson with families | Mats & Fredrik Paulsson med familjer | 5,680,429 | 10,250,459 | 15,930,888 | 5.5% | 11.2% |
| Peab’s Profit-Sharing Foundation | Peabs Vinstandelsstiftelse | 13,628,300 | 13,628,300 | 4.7% | 2.3% | |
| Vanguard | Vanguard | 7,107,579 | 7,107,579 | 2.5% | 1.2% | |
| Kamprad Family Foundation | Familjen Kamprads stiftelse | 6,900,000 | 6,900,000 | 2.4% | 1.2% | |
| Norges Bank | Norges Bank | 4,863,686 | 4,863,686 | 1.7% | 0.8% | |
| Dimensional Fund Advisors | Dimensional Fund Advisors | 4,673,262 | 4,673,262 | 1.6% | 0.8% | |
| Handelsbanken Funds | Handelsbanken fonder | 4,660,139 | 4,660,139 | 1.6% | 0.8% | |
| Avanza Pension | Avanza Pension | 4,317,394 | 4,317,394 | 1.5% | 0.7% | |
| Cicero Funds | Cicero Fonder | 4,235,073 | 4,235,073 | 1.5% | 0.7% | |
| Mats Paulsson Foundations | Mats Paulssonstiftelserna | 3,677,500 | 3,677,500 | 1.3% | 0.6% | |
| Pension, FUTUR | Pension, FUTUR | 3,208,131 | 3,208,131 | 1.1% | 0.5% | |
| BlackRock | BlackRock | 2,613,846 | 2,613,846 | 0.9% | 0.4% | |
| Unionen | Unionen | 1,964,463 | 1,964,463 | 0.7% | 0.3% | |
| Other shareholders | Övriga aktieägare | 1,576,264 | 126,624,898 | 128,201,162 | 44.6% | 24.0% |
| Number of outstanding shares | Totalt utestående aktier | 34,319,957 | 253,131,789 | 287,451,746 | 100.0% | 100.0% |
| Peab AB | Peab AB | 8,597,984 | 8,597,984 | |||
| Number of registered shares | Totalt registrerade aktier | 34,319,957 | 261,729,773 | 296,049,730 |
Key ratios per share
| 2023 | 2022 | ||
| 2023 | 2022 | ||
| Segment reporting | Segmentsredovisning | ||
| Earnings, SEK | Resultat, kr | 4.92 | 6.98 |
| Equity, SEK | Eget kapital, kr | 52.41 | 52.05 |
| Cash flow before financing, SEK | Kassaflöde före finansiering, kr | -4.58 | -6.69 |
| Reporting according to IFRS | Redovisning enligt IFRS | ||
| Earnings, SEK | Resultat, kr | 6.92 | 6.27 |
| Equity, SEK | Eget kapital, kr | 50.28 | 47.90 |
| Cash flow before financing, SEK | Kassaflöde före finansiering, kr | 9.24 | -10.81 |
| Share price at year-end, SEK | Börskurs vid årets slut, kr | 57.10 | 59.10 |
| Share price/equity, % | Börskurs/eget kapital, % | 114 | 123 |
| Dividend, SEK 1) | Kontant utdelning, kr 1) | 1.50 | 4.00 |
| Direct return, % 2) | Direktavkastning, % 2) | 2.6 | 6.8 |
| P/E-ratio 2) | P/E-tal 2) | 8 | 9 |
1) For 2023, Board of Directors’ proposal to the AGM.
2) Based on closing price at year-end.
Allocation of shareholdings per 2023-12-31
| Number of shares | Number of shareholders | Proportion of capital, % | Proportion of votes, % | |
| Antal aktier | Antal aktieägare | Andel av kapitalet, % | Andel av rösterna, % | |
| 1– 500 | 1– 500 | 46,835 | 2.3 | 1.1 |
| 501– 1,000 | 501– 1,000 | 8,280 | 2.2 | 1.1 |
| 1,001– 5,000 | 1,001– 5,000 | 10,052 | 7.9 | 3.9 |
| 5,001– 10,000 | 5,001– 10,000 | 1,659 | 4.1 | 2.0 |
| 10,001– 15,000 | 10,001– 15,000 | 485 | 2.0 | 1.0 |
| 15,001– 20,000 | 15,001– 20,000 | 298 | 1.8 | 0.9 |
| 20,001– | 20,001– | 661 | 79.7 | 90.0 |
| 68,270 | 100.0 | 100.0 |
Shares and votes per share class 2023-12-31
| 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 |
Proportion of capital per 2023-12-31
Proportion of votes per 2023-12-31
Dividend and direct return
Earnings and dividend per share
Segment reporting
Equity per share
Segment reporting