The Clas Ohlson share

Clas Ohlson’s series B share has been listed on Nasdaq Stockholm since 1999. The share is included in the Consumer Services sector index.

Share data

Listing: Nasdaq Stockholm Mid Cap
Ticker: Clas B
Industry: Consumer Services
ISIN code: SE0000584948

Share trend

The Clas Ohlson share decreased by 35 per cent to 96.00 SEK (147.00) compared with the year-earlier period, while the SIX General Index increased by 2 per cent. The total return for the share, including reinvested dividends, was minus 30 per cent.

The highest price paid was 172.50 SEK, recorded in August 2017, while the lowest price paid was 85.10 SEK, recorded in April 2018.

Share turnover

During the financial year 2017/18, 46,483,081 Clas Ohlson shares were traded, representing a turnover rate of 71 per cent.

Share capital

The share capital of Clas Ohlson at the end of the financial year totalled 82 MSEK, comprising 5,760,000 series A shares and 59,840,000 series B shares, each with a quotient value of 1.25. Each series A share carries ten votes, while each series B share carries one vote. All shares carry equal rights to payment of dividends. Holders of series A shares can request that their A shares be converted to series B shares.

Treasury shares

The number of registered shares amounted to 65,600,000, of which 2,391,865 shares (2,516,562) were held by the company at the end of the financial year. At the end of the period, the number of shares outstanding, net after buy-back, was 63,208,135 (63,083,438).

To safeguard the company’s commitment regarding conditional matching shares and employee stock options in connection with LTI 2017, Clas Ohlson bought back 130,000 shares during the first quarter 2017/18 for a total of 21 MSEK at an average price of approximately 161 SEK per share.

Shareholding structure

On 30 April 2018, the company had a total of 34,717 shareholders (33,316). Non-Swedish owners accounted for 37 per cent (33) of the capital and 36 per cent (34) of the votes.

The Swedish ownership is dominated by private individuals and companies, owning 42 per cent (41) of the capital, while institutions own 21 per cent (26).

Trend in share capital

Year Transaction Additional shares Accumulated no. of shares Total share capital
1994     48,000 4,800,000
1999 Split 10:1 432,000 480,000 4,800,000
1999 Bonus issue 6,720,000 7,200,000 72,000,000
1999 New issue 1,000,000 8,200,000 82,000,000
2001 Split 4:1 24,600,000 32,800,000 82,000,000
2004 Split 2:1 32,800,000 65,600,000 82,000,000

Source Euroclear

Data per share2

  17/18
16/17 15/161
14/15 13/14  12/13
Average number of shares before dilution, million  63.2 63.1 63.2 63.1 63.1 63.3
Earnings per share before dilution, SEK  5.66 7.59 6.00 7.27 6.42  5,23
Comprehensive income per share, SEK  6.37 8.30 5.07 7.41 6.41 6.78
Cash flow per share, SEK3  5.90 11.08 11.15 10.25 10.91 8,17
Equity per share, SEK 35.82 35.68 33.75 33.92 31.12  29,02
Share price at 30 April, SEK  96 147 162 143 143  87
Dividend per share, SEK  6.25
6.25 5.75 5.25 4.75  4,25*
P/E - ratio, multiple  17 19 27 20 22  17
Dividend yield, % 6.5 4.3 3.5 3.7 3.3  4,9
Payout ratio, %  110 82 96 72 74  81
Total return, %  -30 -6 17 3 69 -8

1 Including a non-recurring cost of 107 MSEK
2 See key ratio definitions.
3 From the operating activities.

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