OM:ELUX BConsumer Durables
A Look At AB Electrolux (OM:ELUX B) Valuation As Fully Underwritten Rights Issue Moves Toward Shareholder Vote
Rights issue sets the tone for AB Electrolux stock
AB Electrolux (OM:ELUX B) is back in focus after the board proposed a fully underwritten SEK 9b rights issue, with a shareholder vote on May 27 that could reshape its capital structure.
See our latest analysis for AB Electrolux.
At a share price of SEK48.8, AB Electrolux has seen its 30 day share price return fall around 19%, while the 1 year total shareholder return is down about 21%. This suggests pressure has been building ahead of the...