Share information
The Atlas Copco shares are listed at the exchange NASDAQ OMX Stockholm, Large cap.
Trading and market capitalization
The Atlas Copco share was listed in Stockholm on September 3, 1920.
The shares outstanding are divided into class A and class B shares. The difference is in voting power. An A-share represents one vote at the Annual General meeting, while a B-share represents 1/10 of a vote. A class A and a class B share have exactly the same right to Atlas Copco’s capital, and get the same dividends.
The Atlas Copco shares are listed on Nasdaq Stockholm, which represented 33.2% of the total trading of the A share (50.4% of the B share) in 2018. Other markets, so called Multilateral Trading Facilities (MTF), e.g. CBOE and Turquoise accounted for some 34.0% (24.9% of the B share), and the remaining 32.8% (24.7% of the B share) were traded outside public markets, for example through over-the-counter trading.
The market capitalization at year end 2018 was MSEK 252 130 (420 076) and the company represented 4.2% (6.3) of the total market value of Nasdaq Stockholm. Atlas Copco was the second (second) most traded share in 2018 by total turnover.
A program for American Depositary Receipts (ADRs) was established in the United States in 1990. One ADR corresponds to one share. The depositary bank is Citibank N.A. At year-end 2018, there were 19 536 115 ADRs outstanding, of which 18 541 998 represented A shares and 994 117 B shares.
Symbols and tickers
| A-share | B-share | |
| NASDAQ OMX | ATCO A | ATCO B |
| ISIN code | SE0011166610 | SE0011166628 |
| Reuters | ATCOa.ST | ATCOb.ST |
| Bloomberg | ATCOA SS | ATCOB SS |
| ADR | ATLKY.OTC | ATLCY.OTC |
Dividend
The Board of Directors proposes to the Annual General Meeting that a dividend of SEK 6.30 per share be paid for 2018. The proposed dividend can be compared to an approximate dividend in 2017, for the continuing business of Atlas Copco (excluding Epiroc), of SEK 5.20 per share. The total dividend previous year, including discontinued operations, was SEK 7.00. Excluding shares currently held by the company, the proposed dividend corresponds to a total of MSEK 7 640 (8 496).
In order to facilitate a more efficient cash management, the dividend is proposed to be paid in two equal instalments, the first with record date April 29, 2019 and the second with record date October 28, 2019.
If approved, the dividend has averaged 59% of basic earnings per share during the last five years. The ambition is to distribute about 50% of earnings as dividends to shareholders.
| Dates for dividend | Amount* | Ex-dividend date | Record date | Payment |
|---|---|---|---|---|
Dividend |
SEK 3.15 |
April 26, 2019 |
April 29, 2019 |
May 3, 2019 |
Dividend |
SEK 3.15 |
October 25, 2019 | October 28, 2019 |
October 31, 2019 |
Distribution of shares
Go to the page Share repurchases for the distribution of Atlas Copco shares, including shares held by the company.
Per share data
| Key figures per share | 2017 1) | 2018 |
Basic earnings/ diluted earnings |
13.72 / 13.61 |
13.45 / 13.43 |
Dividend |
7.00 |
6.30 2) |
- Dividend as % of basic earnings |
51.0% |
47.0% |
- Dividend yield % |
2.2% |
2.2% |
Redemption of shares |
8.00 |
N/A |
Operating cash flow |
15.53 |
11.65 |
Equity |
50 |
35 |
Share price, Dec. 31, A share/ B Share |
354.2 / 314.6 |
210.5 / 193.3 |
Highest price quoted, A share/ B Share |
375.8 / 338.1 |
380.8 / 339.7 |
Lowest price quoted, A share/ B Share |
277.0 / 247.1 |
205.3 / 187.7 |
Average closing price, A share/ B Share |
322.0 / 289.6 |
291.3 / 264.0 |
Average number of shares outstanding, millions |
1214.1 |
1 213.5 |
Diluted average number of shares outstanding, millions |
1215.8 |
1 215.3 |
| Number of shareholders, December 31 | 80 846 | 87 009 |
| Market capitalization, December 31 | 420 076 | 252 130 |
Share issues 1973-2017
| Year | Type | Increase of share capital, MSEK | Amount paid, MSEK | |
| 1973 | Bonus issue | 1:02 | 69.2 | |
| 1974 | New issue | 1:4 SEK 25 | 51.7 | 51.7 |
| 1976 | New issue | 1:5 SEK 50 | 51.7 | 103.5 |
| 1979 | Bonus issue | 1:06 | 51.7 | |
| New issue | 1:6 SEK 60 | 51.7 | 124.1 | |
| 1982 | Bonus issue | 1:04 | 103.5 | |
| New issue (non-preferential) | 2 765 000 shares at SEK 135 | 69.1 | 373.3 | |
| 1989 | Bonus issue | 1 B share: 3 A shares | 195.5 | |
| 1990 | New issue (non-preferential) | 4 000 000 B shares at SEK 320.13 | 100.0 | 1 280.5 |
| Conversion [1] | 7 930 shares | 0.2 | 1.2 | |
| 1991 | Conversion [1] | 42 281 shares | 1.1 | 6.3 |
| 1992 | Conversion [1] | 74 311 shares | 1.9 | 11.1 |
| 1993 | Non-cash issue [2] | 383 500 shares at SEK 317 | 9.5 | 121.6 |
| Conversion [1] | 914 496 shares | 22.9 | 137.2 | |
| 1994 | Split | 5:1 nominal value SEK 5 | ||
| 1999 | New issue | 1:7 SEK 160 | 130.4 | 4 173.80 |
| 2005 | Split | 4:1 nominal value SEK 1.25 | ||
| Share redemption | 209 602 184 shares at SEK 20 | -262 | -4 192.00 | |
| 2007 | Split | 3:1 quota value SEK 0.4167 | ||
| Share redemption [3] | 628 806 552 shares at SEK 40 | -262 | -24 415.70 | |
| Bonus issue | No new shares issued, quota value SEK 0.625 | 262 | ||
| Redemption of shares held by Atlas Copco | 28 000 000 shares | -17.5 | ||
| Bonus issue | No new shares issued, quota value SEK 0.639 | 17.5 | ||
| 2011 | Split | 2:1 quota value 0.32 | ||
| Share redemption [4] | 1 229 613 104 shares at SEK 5 | -393 | - 6 067 | |
| Bonus issue | No new shares issued, quota value SEK 0.639 | 393 | ||
| 2015 | Split | 2:1 quota value 0.32 | ||
| Share redemption [5] | 1 229 613 104 shares at SEK 6 | -393 | -7304.7 | |
| Bonus issue | No new shares issued, quota value SEK 0.639 | 393 | ||
| 2018 | Split | 2:1 quota value 0.32 | ||
| Share redemption [6] | 1 229 613 104 shares at SEK 8 | -393 | -9704.6 | |
| Bonus issue | No new shares issued, quota value SEK 0.639 | 393 |
