- Reuters•11 hours ago
Hakan Samuelsson, Chief Executive of Volvo Cars, said a stock market listing is an option for the Swedish carmaker, Germany's Manager Magazin said on Friday. "A stock market listing is an option," Samuelsson told the magazine, adding that there are no current plans for such a move and that it would be up to parent company Geely Holding [GEELY.UL] to decide. Last month, Volvo raised 5 billion Swedish crowns ($532 million) from a group of Swedish institutional investors by selling newly-issued preference shares that would have "an immaterial dilutive effect" on Geely's 100 percent ownership.
- Bloomberg•15 hours ago
French-German tank maker KNDS plans to bid for Volvo AB’s defense unit in a transaction that may value the manufacturer of military vehicles at about 500 million euros ($533 million).
- American City Business Journals•7 days ago
Hawaii officials have ordered Volvo Car USA to halt sales of new vehicles in the state after the New Jersey-based division of the Swedish automaker failed to provide the proper documentation to state regulators, according to documents provided to Pacific Business News. The state Department of Commerce and Consumer Affairs’ Motor Vehicle Industry Licensing Board told an attorney for Volvo Car USA LLC in a letter dated Dec. 29 that the board had deferred making a decision on the company’s application for a license to continue selling vehicles in the state. The Swedish automobile manufacturer, which is owned by China’s Zhejiang Geely Holding Group, has only one dealership in Hawaii, Volvo of Honolulu along Ala Moana Boulevard, which is unable to sell any new cars until the paperwork is cleared up.
VOLV-B.ST : Summary for Volvo, AB ser. B - Yahoo Finance
AB Volvo (publ) (VOLV-B.ST)
Stockholm - Stockholm Delayed Price. Currency in SEK
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|Day's Range||110.30 - 112.60|
|52 Week Range||73.65 - 112.60|
|PE Ratio (TTM)||15.66|
|Dividend & Yield||0.37 (3.08%)|
|1y Target Est||N/A|