AB Electrolux (publ)·Consumer Cyclical

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, JAPAN, AUSTRALIA OR ANY OTHER JURISDICTION WHERE SUCH ACTION WOULD BE UNLAWFUL STOCKHOLM, May 28, 2026 /PRNewswire/ -- On April 23, 2026, AB Electrolux ("Electrolux Group") announced that the Board of Directors had resolved on a fully underwritten rights issue of Class A and Class B shares of approximately SEK 9 billion before transaction costs (the "Rights Issue"). The Board of Director's resolution on the Rights Issue was approved by an Extraordinary General Meeting held on May 27, 2026.

The Extraordinary General Meeting of AB Electrolux was held in Stockholm on May 27, 2026 STOCKHOLM, May 27, 2026 /PRNewswire/ -- Amendment of the Articles of Association The General Meeting resolved, in accordance with the Board's proposal, to adjust the limits for the minimum and maximum share capital in the Articles of Association so that the share capital shall be not less than SEK 3,300,000,000 and not more than SEK 13,100,000,000, and to amend the limits for the minimum and maximum number of shares so that the number of shares shall be not less than 600,000,000 and not more than 2,400,000,000. Shares of series A may be issued up to a maximum number of 2,400,000,000 and shares of series B up to a maximum number of 2,400,000,000.

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, JAPAN, AUSTRALIA OR ANY OTHER JURISDICTION WHERE SUCH ACTION WOULD BE UNLAWFUL. STOCKHOLM, May 21, 2026 /PRNewswire/ -- On April 23, 2026, the Board of Directors of AB Electrolux ("Electrolux Group" or the "Group") resolved, subject to approval by the Extraordinary General Meeting (the "EGM") to be held on May 27, 2026, on a rights issue of Class A and Class B shares of approximately SEK 9 billion before transaction costs (the "Rights Issue").

AB Electrolux (publ) (ELUXY) Discusses Strategic Partnership and Initiatives to Accelerate Growth and Efficiency Transcript

The stock fell 23% in European morning trade after the company said it swung to a net loss in the first quarter

STOCKHOLM, April 24, 2026 /PRNewswire/ -- The shareholders of AB Electrolux (publ), reg. no. 556009-4178 (the 'Company'), are hereby given notice of the Extraordinary General Meeting to be held on Wednesday, 27 May, 2026, at 10:00 a.m.
AB Electrolux (publ), together with its subsidiaries, manufactures and sells household appliances in Europe, North America, Latin America, the Asia/Pacific, the Middle East, and Africa. The company offers various appliances, such as refrigerators, freezers, cookers, dryers, washing machines, dishwashers, room air-conditioners, microwave ovens, floor-care products, vacuum cleaners, water heaters, heat pumps, and other small domestic appliances, as well as consumables and accessories. It also provides hobs, ovens, and hoods; and tumble dryers. The company offers its products under the Electrolux, AEG, and Frigidaire brands through retailers, buying groups, and independent stores. AB Electrolux (publ) was founded in 1901 and is headquartered in Stockholm, Sweden.
Consumer Cyclical
Furnishings, Fixtures & Appliances
41,000
1987-07-01
1.10