Growth in Capital Stock
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 |
|
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.