Scania Annual Report 2011

Scania share data
57
Significant changes in ownership
On 9 November 2011, Volkswagen AG completed its
acqui sition of the majority shareholding in MAN SE. Volkswagen’s
ownership thus amounted to the equivalent of 55.9
percent of the voting rights and 53.7 percent of the share
capital in MAN. As a result of the acquisition, MAN’s holding
in Scania shall be included in Volkswagen’s ownership of
Scania. Volkswagen’s owner ship of Scania thus amounted
to the equivalent of 89.2 percent of the voting rights (formerly
71.8 percent) and 62.6 percent of the share capital (formerly
49.3 percent). The acquisition removed impediments against
deeper cooperation between Scania and MAN. A number
of working groups are currently reviewing the potential for
synergies. These synergies can only be realised provided
that they benefit all Scania shareholders, while maintaining
the brand values of each company.
About Scania shares
Scania has been quoted on the NASDAQ OMX Stockholm
since 1 April 1996. Its share capital is divided into 400 million
Series A shares and 400 million Series B shares, where
each A share represents one vote and each B share one
tenth of a vote. Otherwise there are no differences between
these types of shares. The nominal value per share is SEK
2.50. Further information about Scania shares is available
on www.scania.com, Investor Relations. Questions may be
e-mailed to ir@scania.com.
aktie daglig handel B-aktier ENG
Average daily trading, B shares
Number
4,000,000
SEK
180
Per share data
SEK (unless otherwise stated) 2011 2010 2009 2008 2007
Year-end market price, B share 102.00 154.70 92.30 77.75 145.01
Highest market price, B share 164.80 160.00 103.00 162.43 188.80
Lowest market price, B share 89.35 88.40 57.75 50.25 98.44
Change in market price, %, B share – 34.1 67.6 18.7 – 46.4 35.1
Total return, %, B share – 32.0 69.1 22.0 – 40.8 45.5
Market capitalisation, SEK m. 80,180 122,440 73,640 61,900 128,800
Earnings 11.78 11.38 1.41 11.11 10.69
Price/earnings ratio, B share 9 14 65 7 14
Dividend* 5.00 5.00 1,00 2.50 5.00
Redemption – – – – 7.50
Dividend yield, %** 4.9 3.2 1.1 3.2 3.4
Dividend payout ratio, % 42.4 43.9 70.9 22.5 46.8
Equity 43.1 37.5 29.1 27.4 31.0
Cash flow, Vehicles and Services 8.71 14.85 6.89 2.22 10.62
Number of shareholders*** 116,243 121,038 119,973 130,020 124,413
* For 2011: Proposed by the Board of Directors.
** Dividend divided by the market price of a B share at year-end.
*** On 30 December 2011.
aktie aktiekurs ENG
Share price performance
3,000,000
2,000,000
1,000,000
0
07 08 09 10 11
The chart refers to shares traded on the NASDAQ OMX Nordic.
Scania shares are also traded in alternative marketplaces such as Chi-x,
Bats Europe, Burgundy and Turquoise. In 2011, trading averaged about
826,000 B shares per day in the largest such marketplaces.
160
140
120
100
80
60
40
B share
OMX Stockholm PI
1,000s of shares traded
2007 2008 2009 2010 2011
© SIX TELEKURS
200,000
180,000
160,000
140,000
120,000
100,000
80,000
60,000
40,000
20,000
0
Report of the directors Scania 2011