Facts about the share
Holmen was listed on the Stockholm Stock Exchange in 1936, but was called Mo och Domsjö AB at that time. Holmen’s two series of shares are listed on Nasdaq Stockholm, Large Cap.
The share
- Holmen's series A and B shares are listed on Nasdaq Stockholm, Large Cap.
- Each series A share carries ten votes and each series B share one vote. In other respects, the shares carry the same rights.
- As per 2024-10-31 Holmen had 50 597 shareholders (2024-09-30: 50 703).
- Earnings per share amounted to SEK 23.0 (36.3) in 2023.
- The dividend for 2023 amounted to SEK 11.5 (16) per share, of which SEK 3 (8) relates to an extra dividend.
- The Holmen share was listed on Stockholms fondbörs 11 May 1936.
- During 2023 29 per cent of trading took place on Nasdaq Stockholm. The Holmen shares have also been traded on other trading platforms, such as Cboe BXE, LSE and Aquis during last year.
Share price calculator
Share data
| Data per share (adjusted for share split 2018) |
2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
| Earnings after dilution, SEK | 23.0 | 36.3 | 18.5 | 12.2 | 52.6 | 13.5 | 9.9 | 8.5 | 3.4 | 5.4 |
| Dividend, ordinary, SEK | 8.5 | 8 | 7.5 | 7.25 | 3.5 | 6.75 | 6.5 | 6 | 5.25 | 5 |
| Extra dividend, SEK | 3.0 | 8 | 4.0 | 3.5 | - | - | - | - | - | - |
| Total dividend as % of profit for the year | 50 | 44 | 62 | 88 | 6 | 50 | 65 | 71 | 158 | 93 |
| Total dividend as % of equity | 3.2 | 4.6 | 4.0 | 4.1 | 1.4 | 4.8 | 5.0 | 4.7 | 4.2 | 4.0 |
| Total dividend as % of closing listed price | 2.7 | 3.9 | 2.6 | 2.7 | 1.2 | 3.9 | 3.0 | 3.7 | 4.0 | 3.8 |
| Return on equity, % | 7 | 11 | 7 | 5 | 35 | 10 | 8 | 7 | 3 | 4 |
| Return on capital employed, %* | 8 | 13 | 9 | 6 | 9 | 10 | 9 | 9 | 6 | 6 |
| Equity per share, SEK | 358 | 352 | 290 | 263 | 238 | 140 | 131 | 127 | 124 | 125 |
| Closing listed price, "B", SEK | 426 | 414 | 435 | 394 | 285 | 175 | 218 | 164 | 131 | 133 |
| Average listed price, "B", SEK | 414 | 459 | 404 | 310 | 220 | 213 | 186 | 141 | 132 | 118 |
| Highest listed price, "B", SEK | 459 | 573 | 469 | 396 | 297 | 240 | 218 | 164 | 153 | 136 |
| Lowest listed price, "B", SEK | 372 | 400 | 365 | 228 | 172 | 175 | 157 | 114 | 110 | 105 |
| Closing market capitalisation, MSEK 1 000 |
67.7 | 67.5 | 71.0 | 64.7 | 46.6 | 29.5 | 36.6 | 27.4 | 22.3 | 22.3 |
| P/E-ratio | 19 | 11 | 23 | 32 | 5 | 13 | 22 | 19 | 39 | 25 |
| EV/EBITDA* | 11 | 8 | 14 | 19 | 14 | 9 | 13 | 10 | 11 | 9 |
| Closing beta value (48 months), "B" | 0.74 | 0.75 | 0.78 | 0.77 | 0.77 | 0.74 | 0.74 | 0.72 | 0.68 | 0.71 |
*Excluding items affecting comparability. Market capitalisation plus net financial debt at year-end (EV) divided by EBITDA.
Dividend
Dividend for 2023
Holmens Annual General Meeting 2024 resolved in favour of paying a dividend of SEK 11.5 (16) per share, of which 3 (8) per share relates to an extra dividend.
Dividend policy
Dividend will be based on the Group's profitability situation, future investment plans and financial position.
Over the past decade the total dividend has averaged 4 per cent of equity. This means that around 75 per cent of earnings per share have been paid by way of total dividend.
In addition to ordinary dividends, Holmen paid extra dividends for the financial years 1998, 2000, 2003, 2020, 2021, 2022 and 2023.
| Share history (adjusted for share split 2018) | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
| Dividend, ordinary, SEK | 8.5 | 8 | 7.5 | 7.25 | 3.50 | 6.75 | 6.5 | 6 | 5.25 | 5 |
| Dividend, extra, SEK | 3.0 | 8 | 4.0 | 3.50 | - | - | - | - | - | - |
| Total dividend as % of profit for the year | 50 | 44 | 62 | 88 | 6 | 50 | 65 | 71 | 158 | 93 |
| Total dividend as % of equity | 3.2 | 4.6 | 4.0 | 4.1 | 1.4 | 4.8 | 5.0 | 4.7 | 4.2 | 4.0 |
Development of share capital
There has been no change in the development of share capital since 2004.
Share buy-back
Mandate to buy back shares
On the 15th of August, The Board of Directors of Holmen decided to exercise its authorisation from the Annual General Meeting to buy back own shares. Repurchases may amount to a maximum of 3 million shares of class B during the period from and including 16 August 2024 until the next annual general meeting, on one or several occasions.
The 2024 Annual General Meeting authorised the Board to be able to take decisions to purchase up to 10 per cent of the company's shares, by acquiring B-shares.
Implemented buy-backs
Holmen's total own holding of shares amounts per 2024-10-31 to 4 404 132 of the series B-shares, which corresponds to 2.7 per cent of the total number of shares in issue and to 0.8 percent of the total number of votes. You will find updated information on Holmen's buy-backs on the Nasdaq website.