AB SKF sets a 27 November 2026 record date for the distribution of SKF Vertevo shares, with the new entity expected to begin trading on Nasdaq Stockholm on 1 December 2026 under the tickers SKFVER A and SKFVER B.
Record date of 27 November 2026 is set for the distribution of all SKF Vertevo shares to SKF shareholders; SKF B trades with the entitlement until 25 November and ex-entitlement from 26 November. The share price should mechanically adjust down by the value of the Vertevo entitlement on the ex-date, with no net value creation implied. The spin-off was already decided at the 1 October 2026 EGM, so this is a procedural step.
Five A shares entitle the holder to one SKF Vertevo A share, with the same 27 November 2026 record date; SKF A trades ex-entitlement from 26 November 2026. The mechanical ex-date adjustment and the already-decided spin-off (1 October 2026 EGM) make this a value-neutral procedural event for the parent share.
The listing prospectus was approved by Finansinspektionen on 10 November 2026 and first day of trading on Nasdaq Stockholm is expected 1 December 2026 under the short name SKFVER B. The shares are not yet tradable, and the article gives no valuation, financials or order book data, so no direction for the first trading days can be established.
Series A shares of SKF Vertevo will trade under the short name SKFVER A with expected first trading day of 1 December 2026, after the prospectus was approved by Finansinspektionen on 10 November 2026. The shares are not yet tradable and the article contains no valuation data, so no price direction can be assessed.
AB SKF has finalized the timeline for the spin-off of its subsidiary, SKF Vertevo AB, following approval from Finansinspektionen for the listing prospectus. Shareholders registered on 27 November 2026 will receive shares in the new entity, with trading on Nasdaq Stockholm expected to commence on 1 December 2026.
No. Being registered as a shareholder on the record date of 27 November 2026 is sufficient; fractional entitlements are pooled and sold on Nasdaq Stockholm via SEB, with the proceeds paid out proportionally through Euroclear.
From 26 November 2026; the last day with the entitlement is 25 November 2026.
Five shares of series A in SKF entitle the holder to one share of series A in SKF Vertevo, provided the shares are held on the 27 November 2026 record date.
First day of trading is expected on 1 December 2026 on Nasdaq Stockholm under the short name SKFVER B; today only the listing prospectus was approved.
Short name SKFVER A with ISIN code SE0030336236, trading on Nasdaq Stockholm with expected first day of 1 December 2026.