Beijing News Shell Financial News (reporter Zhang Bing) On October 19, Shell Financial Reporter learned from Volvo Cars officials that Volvo Cars expects that the Stockholm IPO will issue 368 million to 472 million new B shares, with an issue price of 53-68 Swedish kronas per share, and will start trading on October 28, the transaction code is "VOLCAR B".
Previously, on October 4, Volvo Cars had said that it intended to conduct an initial public offering (IPO) and list its Class B shares on the NASDAQ Stockholm Exchange, and the new shares issued would raise a total of about SEK 25 billion.
Beijing News shell financial reporter Zhang Bing Editor Sun Xiao Proofreader Wei Zhuo
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