SKF’s automotive spin-off SKF Vertevo set to begin trading on December 1
Photo: Adam Ihse/TT

SKF’s automotive spin-off SKF Vertevo set to begin trading on December 1

SKF's spin-off, SKF Vertevo, which focuses on the automotive industry, will begin trading on the Stockholm Stock Exchange in three weeks, on Tuesday, December 1, the ball-bearing group said in a press release.

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The announcement comes after an extraordinary general meeting on October 1 approved the distribution of all shares in the wholly owned subsidiary to SKF shareholders.

“SKF’s board of directors has decided that the record date will be November 27, 2026, and the first day of trading in SKF Vertevo shares is expected to be December 1, 2026. Nasdaq Stockholm has decided to admit SKF Vertevo shares to trading, provided that customary conditions are met,” SKF writes.

SKF Vertevo will also hold a capital markets day next week.

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AuthorTT News AgencyEnglish edition by Sweden Herald, adapted for our readers
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