Annual report 2012 - Peab

THE PEAB SHARE
A weak year on the stock market
Peab’s B share is listed on the NASDAQ OMX Stockholm, LargeCap.
As of 31 December 2012 the total market capital of Peab was
SEK 9.2 billion (10.3).
TRADING IN THE PEAB SHARE
As of 31 December 2012 the closing price
of the Peab share was SEK 31.04, which
was a 9.5 percent decrease during the
year. The Swedish Stock Exchange,
measured by the OMX Nordic Stockholm,
increased in 2012 by 10.5 percent. In 2012,
the Peab share was quoted at a maximum
of SEK 39.70 and a minimum of SEK 28.91
and 69 million shares (111) were traded,
which is equivalent to 274,000 shares per
trading day (412,000).
SHARES AND SHARE CAPITAL
The total number of shares at the beginning
of 2012 was 296,049,730 divided into
34,319,957 A shares with 10 voting rights
per share and 261,729,773 B shares with
1 voting right per share. The share capital
amounted to SEK 1,583.9 million.
At the end of 2012 the number of A
shares was 34,319,957 representing 11.6
percent (11.6) of capital and 56.7 percent
(56.7) of the votes and the number of B
shares was 261,729,773 representing 88.4
percent (88.4) of capital and 43.3 percent
(43.3) of the votes.
Price trend of the Peab share
2 Januari 2012 – 29 February 2013
50
40
30
20
10
0
JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC JAN FEB
2012 2013
Peab’s B Share
No. of shares traded
OMX Stockholm PI
SX201030 Construction & Engineering PI
(including after-hours trading)
Source: SIX Telekurs
92 PEAB ANNUAL REPORT 2012
Information on share capital development
over time is available at www.peab.com.
CONVERTIBLE PROMISSORY NOTES
Convertibles 2007/2012 matured on 30
November 2012. There have been no
conversions to shares and the loan has
been paid in full.
HOLDINGS OF OWN SHARES
At the beginning of 2012 Peab’s own B
share holding was 1,086,984 which corresponds
to 0.4 percent of the total number of
shares. Peab’s Annual General Meeting on
15 May 2012 resolved to authorise the
Board to, during the period until the next
Annual General Meeting, acquire shares so
that the company would have at most 10
percent of the total shares in Peab AB. No
own shares were repurchased or divested
in 2012, which means that Peab’s holding
of own shares at the end of 2012 amounted
to 1,086,984 B shares.
DIVIDEND
A dividend of SEK 1.60 (2.10) per share is
proposed for 2012. Calculated as a
Peab share, total return
31 December 2007 – 31 December 2012
150
125
100
75
50
25
percentage of the Group’s reported profit
after tax the proposed dividend amounts to
65 percent (66), which is in line with the
dividend financial target. The direct return
calculated on the proposed dividend and at
the closing price on 31 December 2012 is
5.2 percent (6.1).
0
2007 2008 2009 2010 2011 2012 2013
Peab total return
SIXRX
Source: SIX Telekurs