Capital Structure Changes

Capital Structure Changes

Immediately before its introduction on the Stockholm Stock Exchange in 1964, Trelleborg had a capital stock of SEK 63M. In 1966, a directed non-cash issue for SEK 2.6M was made on the acquisition of Ulvex AB. As a result of new stock issues in 1969 (2:5) at a price of SEK 100 and 1976 (1:3 at SEK 110) the capital stock was increased by SEK 26.2M and SEK 30.6M, respectively. In 1978, a directed non-cash issue for SEK 3.2M was made on the acquisition of Tekniska Gummifabriken Jakobsberg AB. Thereafter, stock issues have been made as shown in the following table.

Year Issues
Increase in capital stock, SEK
Total capital, SEK
 1982  Directed new issue to Aritmos and others at SEK 125  42,000,000 167,611,200 
 1984
 Stock dividend 1:4, split 4:1 1)
 41,902,800
 209,514,000
 1986  Directed new issue at SEK 95 to acquire Sävsjö Fälgar AB
 6,875,000
 216,389,000
 1986
 Directed new issue at SEK 95 to acquire Boliden shares
 95,150,000
 311,539,000
 1987
 Stock dividend 1:1
 311,539,000
 623,078,000
 1987
 Conversion of subordinated debentures
 15,587,125
 638,665,125
1988 New issue 1:5 of Series C and Series D shares (bonus shares) 2)
 127,733,025
 766,398,150
 1988
 Directed new issue to acquire Boliden shares and convertibles
 39,559,750
 805,957,900
 1988
 Conversion of subordinated debentures
 934,150
 806,892,050
 1989
 Directed new issue to acquire Boliden convertibles
 7,787,700
 814,679,750
 1989
 Conversion of subordinated debentures
 60,100
 814,739,850
 1989
 Stock dividend 1:1
 814,739,850
 1,629,479,700
 1989
 Conversion of subordinated debentures
 17,075
 1,629,496,775
 1990
 Conversion of subordinated debentures
 188,550
 1,629,685,325
 1991
 Conversion of subordinated debentures
 58,075
 1,629,743,400
 1992
 New issue 1:5 at SEK 70
 325,948,675
 1,955,692,075
 1993
 New issue 1:2 at SEK 30
 977,846,025
 2,933,538,100
 2000
 Reduction after buy-back
 -293,353,800
 2,640,184,300
 2001
 Reduction after buy-back
 -375,000,000
 2,265,184,300
 2003
 Conversion of debentures and new subscription through warrants
 21,576,150
 2,286,760,450
 2004
 Conversion of debentures and new subscription through warrants
 112,748,575
 2,399,509,025
 2006
 Reduction after buy-back
 -140,577,500
 2,258,931,525
 2009
 New issue 2:1 at SEK 12
 361,429,044
 2,620,360,569

1) 5 new shares, each with a nominal value of SEK 25 were received for every old share with a nominal value of SEK 100, of which 1 (one) through stock dividend and four through split. 

2) At SEK 200 (restricted shares) and SEK 260 (unrestricted shares), respectively.