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Electrolux Shareholders Convert Over 1.6 Million Class A Shares

A significant shift in corporate voting power took hold at AB Electrolux this July, as shareholders exercised their right to convert 1,662,933 Class A shares into Class B shares. The move triggered a net reduction of 1,496,639.7 votes, altering the internal balance of the company’s equity structure.

Electrolux Shareholders Convert Over 1.6 Million Class A Shares
Photo: Bio & News

The conversion, executed under the provisions of the company’s Articles of Association, leaves the total share count unchanged at 824,070,029. However, the distribution between share classes has shifted, reflecting a strategic move by investors. As of July 31, 2026, the company reports 22,114,658 Class A shares and 801,955,371 Class B shares outstanding.

Following these adjustments, the total voting power in the Stockholm-based appliance giant now stands at 102,310,195.1 votes. The company disclosed these figures in compliance with the Swedish Financial Instruments Trading Act, formalizing the transparency requirements for public market participants.

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