4:1 share split
Saab’s Annual General Meeting has resolved on a 4:1 share split where each share, regardless of series, is divided into four shares of the same series. The split will be automatically implemented and no actions are required by the shareholders. The record date for the share split will be 8 May, 2024.
Please note that there are no changes in dividend or voting rights related to the share split. The total value of each shareholder’s ownership remains unchanged.
Record date: 8 May, 2024
Last day of trading Saab’s B shares prior to split: 6 May, 2024
First day of trading Saab’s B shares after split: 7 May, 2024
As a result of the share split, Saab’s B shares will be traded under a new ISIN code as of 7 May, 2024. The new ISIN code for Saab’s B shares is SE0021921269.
The share split will be automatically implemented via Euroclear Sweden AB and no actions are required by the shareholders. The new number of shares is expected to be registered on the securities account (Sw. VP-konto) of each shareholder by 10 May, 2024. After the share split the total number of shares in Saab will amount to 543,383,388, of which 9,535,612 are A shares and 533,847,776 B shares.
The Annual General Meeting decided on a dividend of SEK 6.40 per share for the fiscal year 2023, to be paid out in two equal instalments. The first instalment is paid out before the share split and amounts to SEK 3.20 per share with record date 15 April, 2024. The second instalment will be paid out after the split with record date 8 October, 2024 and will amount to SEK 0.80 per share (corresponding to SEK 3.20 per share before the split). Payment of the dividend is expected to be made on 18 April 2024 and 11 October 2024, respectively.