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Volvo AB (VOLVb.ST)

VOLVb.ST on Stockholm Stock Exchange

142.45SEK
5:00pm BST
Change (% chg)

-1.10kr (-0.77%)
Prev Close
143.55kr
Open
143.30kr
Day's High
143.35kr
Day's Low
141.40kr
Volume
4,435,861
Avg. Vol
4,348,082
52-wk High
171.30kr
52-wk Low
136.00kr

Latest Key Developments (Source: Significant Developments)

Volvo to introduce all-electric trucks in North America
Thursday, 27 Sep 2018 

Sept 27 (Reuters) - Volvo AB ::WILL INTRODUCE ALL-ELECTRIC TRUCK DEMONSTRATORS IN CALIFORNIA NEXT YEAR, AND COMMERCIALIZE THEM IN NORTH AMERICA IN 2020.CALIFORNIA AIR RESOURCES BOARD HAS PRELIMINARILY AWARDED $44.8 MILLION TO SCAQMD FOR VOLVO LIGHTS (LOW IMPACT GREEN HEAVY TRANSPORT SOLUTIONS) PROJECT.  Full Article

Transport International Says Unit To Buy CBU Buses For GBP38.3 Mln From Volvo
Wednesday, 18 Jul 2018 

July 18 (Reuters) - Transport International Holdings Ltd <0062.HK>::UNIT ENTERED INTO PURCHASE CONTRACT WITH VOLVO TO BUY 150 UNITS OF 12-METRE VOLVO DOUBLE- DECK CBU BUSES FOR GBP38.3 MILLION.  Full Article

Husqvarna CFO Jan Ytterberg appointed CFO of Volvo Group
Tuesday, 19 Jun 2018 

June 19 (Reuters) - Husqvarna AB ::HUSQVARNA GROUP'S CFO TO LEAVE THE GROUP.SAYS JAN YTTERBERG HAS BEEN APPOINTED CFO OF VOLVO GROUP.  Full Article

Volvo Group Complets Sale of Subsidiary Holding Shares in Inner Mongolia North Hauler Joint Stock
Friday, 11 May 2018 

May 11 (Reuters) - Volvo AB ::VOLVO GROUP HAS COMPLETED THE SALE OF A CHINESE SUBSIDIARY HOLDING SHARES IN INNER MONGOLIA NORTH HAULER JOINT STOCK.DIVESTMENT RESULTED IN A CAPITAL GAIN OF APPROXIMATELY SEK 0.8 BILLION.DIVESTMENT HAS A POSITIVE IMPACT ON VOLVO GROUP'S CASH FLOW AND NET FINANCIAL POSITION OF APPROXIMATELY SEK 1.0 BILLION.  Full Article

Volvo Cars Said To Pick Goldman, Citi, Morgan Stanley For IPO - Bloomberg
Thursday, 10 May 2018 

May 10 (Reuters) - :VOLVO CARS SAID TO PICK GOLDMAN, CITI, MORGAN STANLEY FOR IPO - BLOOMBERG, CITING SOURCES.CHINA'S ZHEJIANG GEELY AND VOLVO HAVE DISCUSSED VALUING VOLVO IN A RANGE OF $16 BILLION TO $30 BILLION IN A STOCK SALE - BLOOMBERG.  Full Article

Geely has no plans to merge Volvo Cars with AB Volvo - spokesman
Wednesday, 27 Dec 2017 

Dec 27 (Reuters) - AB Volvo ::GEELY HOLDING SAYS HAS NO PLANS TO MERGE VOLVO CARS WITH AB VOLVO - SPOKESMAN.  Full Article

Volvo appoints construction equipment chief Weissburg as new head of Mack Trucks
Friday, 8 Dec 2017 

Dec 8 (Reuters) - Volvo AB ::MARTIN WEISSBURG APPOINTED PRESIDENT OF MACK TRUCKS.WEISSBURG, CURRENTLY PRESIDENT OF VOLVO CONSTRUCTION EQUIPMENT, WILL BECOME PRESIDENT OF MACK TRUCKS EFFECTIVE JUNE 1, 2018.MARTIN WEISSBURG WILL SUCCEED DENNIS SLAGLE, WHO HAS LED THE COMPANY SINCE 2008.EFFECTIVE JUNE 1, 2018, DENNIS SLAGLE WILL REMAIN WITH THE VOLVO GROUP AS A SPECIAL PROJECTS LEADER REPORTING TO MARTIN LUNDSTEDT, PRESIDENT AND CEO..  Full Article

Volvo Group drops plans to sell Governmental Sales unit
Tuesday, 17 Oct 2017 

Oct 17 (Reuters) - Volvo Ab :Volvo group discontinues the process to divest governmental sales.Volvo ab says ‍offers we have received for governmental sales do not reflect its value​.  Full Article

Zheijiang Geely Holding to issue 950 mln euro bond - Geely spokesman

STOCKHOLM, Oct 15 China's Zhejiang Geely Holding will issue a non-rated senior unsecured and fixed coupon three-year bond worth 950 million euros ($1.10 billion) to refinance borrowing arrangements linked to its previous purchase of a stake in Sweden's AB Volvo, a Geely spokesman told Reuters.