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| Name | Symbol | Market | Type |
|---|---|---|---|
| Sandvik AB (PK) | USOTC:SDVKY | OTCMarkets | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.25 | 1.35% | 18.80 | 18.76 | 18.81 | 19.01 | 18.76 | 18.84 | 64,780 | 19:21:47 |
From Jan 2022 to Jan 2025
By Dominic Chopping
STOCKHOLM--Swedish engineering group Sandvik AB said late Wednesday that its previously announced plans to distribute its Sandvik Materials Technology unit to Sandvik shareholders will see the company's shares listed on the Nasdaq Stockholm Exchange on Aug. 31.
"We are convinced that this will increase long-term shareholder value, and that both Sandvik and Sandvik Materials Technology can develop more favorably on their own," Sandvik Chairman Johan Molin said.
Sandvik also said it has decided that Alleima will be the new name of Sandvik Materials Technology, pending shareholder approval of the listing.
Write to Dominic Chopping at dominic.chopping@wsj.com
(END) Dow Jones Newswires
March 24, 2022 04:11 ET (08:11 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
1 Year Sandvik AB (PK) Chart |
1 Month Sandvik AB (PK) Chart |
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