Share information

The Epiroc shares are listed at Nasdaq Stockholm, Large cap.

Listing and shares

Epiroc’s shares were listed on Nasdaq Stockholm on June 18, 2018 at an opening price of SEK 88.0 and SEK 84.0, respectively (A and B share). Epiroc has dual share classes. A shares entitle the owner to one vote while B shares entitle the owner to one tenth of a vote. A shares and B shares carry equal rights to a part of the company’s assets and profit.

Dual share classes

Dual share classes are common in Sweden and represent a majority of the aggregate market capitalization of main market listed companies in Sweden. The dual share classes are a governance mechanism which facilitates a stable, long-term investor base, while at the same time enabling high liquidity in the shares. According to the Confederation of Swedish Enterprise (Sw. Svenskt Näringsliv) investors holding shares without multiple voting rights have solid protection under Swedish corporate law, including:

• a strong principle of equal and fair treatment of shareholders,

• qualified majority requirements for key material shareholder decisions,

• high degree of transparency,

• shareholder pre-emption rights on share issues, and minority powers to take specific action, including to request minimum dividends, minority auditors and special examiners. 

Return and market capitalization

In 2024, the price of the A share decreased -4.8% (+6.5) to SEK 192.55 and the price of the B share decreased -2.3% (+5.2) to SEK 172.4. The corresponding development for OMXSPI, i.e., all shares, and OMX Stockholm Industrials (SX2000PI) was +6.0% (+25.1) and +8.0% (+15.5) respectively. The total shareholder return of the A share was -2.9% (+8.4). Epiroc’s market capitalization at the end of 2024 was MSEK 225 847 (235 357). The total shareholder return since listing has been +136% for the A share and 126% for the B share.

Trading

Epiroc was the 24th (26th) most traded name on Nasdaq Stockholm during 2024. The total turnover in Epiroc shares was SEK 62.9 (59.0) billion, corresponding to an average daily turnover of MSEK 251 (235). Nasdaq Stockholm accounted for 45% of the trading in the A-share. Around 60% of the trading was conducted on the open market, while the remainder was outside the public market, e.g., through over-the-counter trading and dark pools.

Symbols and tickers

 

A-share

B-share

 

A-share

B-share

NASDAQ OMX

EPI A

EPI B

ISIN-kod 

SE0015658109

SE0015658117

Reuters

EPIRa.ST

EPIRb.ST

Bloomberg

EPIA SS

EPIB SS

Dividend, redemption and dividend policy

The Annual General Meeting 2024 approved the Board’s proposal of the dividend of SEK 3.80 (3.40) per share to be paid in two equal installments. Epiroc’s goal is to provide long-term stable and rising dividends to its shareholders. The dividend should correspond to 50% of net profit over the cycle. 
Type of action Amount Ex-dividend date Record date Payment
Dividend SEK 1.90* October 13, 2025 October 14, 2025 October 17, 2025
Dividend SEK 1.90* May 9, 2025 May 12, 2025 May 15, 2025
Dividend SEK 1.90 October 21, 2024 October 22, 2024 October 25, 2024
Dividend SEK 1.90 May 15, 2024 May 16, 2024 May 21, 2024
Dividend SEK 1.70 October 23, 2023 October 24, 2023 October 27, 2023
Dividend SEK 1.70 May 24, 2023 May 25, 2023 May 30, 2023
Dividend SEK 1.50 October 21, 2022 October 24, 2022 October 27, 2022
Dividend SEK 1.50 April 26, 2022 April 27, 2022 May 2, 2022
Dividend SEK 1.25 October 27, 2021 October 28, 2021 November 2, 2021
Mandatory redemption** SEK 3.00 May 14, 2021 May 17, 2021 June 15, 2021
Dividend SEK 1.25 April 29, 2021 April 30, 2021 May 5, 2021
Dividend SEK 1.20 October 28, 2020 October 29, 2020 November 3, 2020
Dividend SEK 1.20 May 13, 2020 May 14, 2020 May 19, 2020
Dividend SEK 1.05 October 29, 2019 October 30, 2019 November 4, 2019
Dividend SEK 1.05 May 10, 2019 May 13, 2019 May 16, 2019

*Board's proposal to the Annual General Meeting May 8, 2025.

**Distribution of SEK 3.00 per share through mandatory redemption.

Share buybacks and divestments

On Nasdaq’s webpage you can find information about Epiroc’s repurchases of own shares and cancellation of treasury shares. In recent years the repurchases have been made in order to cover the performance-based long-term incentive program for the board. For further information on the option programs and repurchase of own shares, please see note 25 in the annual report.

Data per share

Key figures per share, SEK 2018 2019 2020 2021 2022 2023 2024
               
Basic earnings 4.50 4.89 4.48 5.85 6.96 7.82 7.23
Diluted earnings 4.49 4.89 4.48 5.84 6.95 7.81 7.23
Dividend 2.10 2.4 2.5 3.00 3.40 3.80 3.80*
- Dividend as % of basic earnings 47% 49% 56% 51% 49% 49% 53%
- Dividend yield % - 2.1% 2.0% 1.3% 1.6% 1.7% 1.9%
Redemption of shares - - 3.00 - - - -
Operating cash flow 3.20 5.57 5.82 5.69 4.69 5.15 7.56
Equity 15.63 19.02 19.71 21.38 27.80 30.80 35.7
Share price, Dec. 31, A share / B share 83.84/78.88 114.35/111.05 149.65/139.0 229.2/191.7 189.9/167.7 202.2/176.4 192.6/172.4
Highest price quoted, A share / B share 105.32/93.80 118.55/115.00 152.05/142.7 231.0/192.7 238.1/199.8 220.1/187.9 232.1/209.2
Lowest price quoted, A share / B share 72.95/70.44 82.42/77.51 79.52/78.54 151.9/140.4 148.9/132.2 183.0/153.8 182.5/161.9
Average closing price, A share / B share 90.40/82.93 99.11/94.61 120.54/117.08 194.1/170.1 184.6/160.0 202.3/173.0 202.9/182.1
Number of shareholders, December 31 76 872 70 716 67 162 68 213 67 844 69 334 68 396
Market capitalization, December 31, MSEK 99 826 137 504 177 483 263 565 221 771 235 357 225 847

*Board's proposal to the Annual General Meeting May 8, 2025.

The PDMR transactions register and insiders

The Financial Supervisory Authority's PDMR transactions register contains information on persons in a leading position and the transactions that they and their relatives have carried out in shares and debt instruments issued by Epiroc AB. Updated information is available at Financial Supervisory Authority’s homepage: Finansinspektionen

What is an insider?

An insider is a person who has access to unpublished information about a company. Most often, it is a person with good insight into the business, such as the CEO, members of the management team and board members.

However, note that anyone can be an insider. Should you become aware of yet-to-be-publicized information about Epiroc AB that may affect the share price, and based on this information trade in the company's securities, you may be guilty of insider trading. Furthermore, the person who pass along and discloses inside information may be convicted of unauthorized disclosure of inside information.

Shareholders

Shareholders by country

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Find information about Epiroc’s largest shareholders.