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.
The last change in share capital was in 2009
|
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.