Electrolux signs inaugural sustainability linked revolving credit facility
STOCKHOLM, Dec. 10, 2021 /PRNewswire/ -- The facility is for general corporate purposes and has a five-year maturity, with options to extend for up to two more years. The new facility refinances an existingEUR 1,000 million syndicated facility due to mature inMay 2023. The facility was oversubsc...
Buybacks of series B shares in AB Electrolux during week 47, 2021
STOCKHOLM, Nov. 30, 2021 /PRNewswire/ -- During the period November 22 - November 26, 2021 AB Electrolux (LEI code 549300Y3HHZB1ZGFPJ93) has repurchased in total 438,410 own series B shares (ISIN: SE0016589188) as part of the buyback program initiated by the Board of Directors in order to optimiz...
Buybacks of series B shares in AB Electrolux during week 46, 2021
STOCKHOLM, Nov. 23. 2021 /PRNewswire/ -- During the period November 15- November 19, 2021 AB Electrolux (LEI code 549300Y3HHZB1ZGFPJ93) has repurchased in total 438,410 own series B shares (ISIN: SE0016589188) as part of the buyback program initiated by the Board of Directors in order to optimize...
Buybacks of series B shares in AB Electrolux during week 45, 2021
STOCKHOLM, Nov. 15, 2021 /PRNewswire/ -- During the period November 8- November 12, 2021 AB Electrolux (LEI code 549300Y3HHZB1ZGFPJ93) has repurchased in total 591,124 own series B shares (ISIN: SE0016589188) as part of the buyback program initiated by the Board of Directors in order to optimize ...
Buybacks of series B shares in AB Electrolux during week 43, 2021
STOCKHOLM, Nov. 1, 2021 /PRNewswire/ -- During the period October 28 - October 29, 2021 AB Electrolux (LEI code 549300Y3HHZB1ZGFPJ93) has repurchased in total 244,769 own series B shares (ISIN: SE0016589188) as part of the buyback program initiated by the Board of Directors in order to optimize t...
Invitation to Electrolux Q3 presentation
STOCKHOLM, Oct. 13, 2021 /PRNewswire/ -- Electrolux results for the third quarter of 2021 will be published onOctober 27, 2021, at approximately 08.00 CET. A telephone conference will be held following the release of the results, starting at 09.00 CET.Jonas Samuelson, President and CEO and There...
Conversion of shares in Electrolux
STOCKHOLM, Sept. 30, 2021 /PRNewswire/ -- According to AB Electrolux articles of association, owners of Series A shares are entitled to request that such shares are converted to Series B shares. Conversion reduces the total number of votes in the company. During September 2021, 41 Series A share...
Timetable for the automatic redemption procedure in Electrolux
STOCKHOLM, Sept. 27, 2021 /PRNewswire/ -- The Extraordinary General Meeting held onAugust 27, 2021 resolved to distribute a total of SEK 4,886 m (corresponding toSEK 17.00 per share) to the shareholders of Electrolux, through an automatic redemption procedure including a 2:1 share split, a reduc...
Young people trust in themselves to lead the change towards a sustainable future - only 1 out of 10 believe in adults
STOCKHOLM, Sept. 21, 2021 /PRNewswire/ -- Young people are not only willing to drastically change their lifestyle in order to save the planet. They also see themselves as sustainable advocates and leaders towards a more sustainable future, according to a new global study from Electrolux revealing...
Nomination Committee appointed for Electrolux Annual General Meeting 2022
STOCKHOLM, Sept. 16, 2021 /PRNewswire/ -- The members of the Nomination Committee for Electrolux Annual General Meeting in 2022 have now been appointed. In accordance with decision by the Annual General Meeting, Electrolux Nomination Committee shall consist of six members. The Nomination Committe...
Bulletin from AB Electrolux Extraordinary General Meeting
STOCKHOLM, Aug. 27, 2021 /PRNewswire/ -- Due to the risk of the spread of COVID-19 and the authorities' regulations and advice the Extraordinary General Meeting ("EGM") was carried out solely through advance voting (so-called postal voting) pursuant to temporary legislation. The EGM resolved on ...
Notice convening the extraordinary general meeting of AB Electrolux
The shareholders of AB Electrolux, reg. no. 556009-4178, are hereby given notice of the Extraordinary General Meeting to be held onFriday, August 27, 2021 . STOCKHOLM, Aug. 2, 2021 /PRNewswire/ -- Due to the coronavirus, the Board of Directors has decided that the Extraordinary General Meeting sh...
Electrolux Q2 2021 Interim report: Strong growth and innovation momentum
STOCKHOLM, July 20, 2021 /PRNewswire/ -- Highlights of the second quarter of 2021 * Net sales increased to SEK 30,303m (23,476) corresponding to an organic sales growth of 39.1% supported by strong market demand in all business areas. Last year's second quarter was severely impacted by the pan...
Electrolux adjusts dividend policy and proposes distribution of SEK 17 per share through share redemption
STOCKHOLM, July 20, 2021 /PRNewswire/ -- Following a review of its capital structure, Electrolux today announces an adjusted dividend policy of approximately 50% of annual income, a proposed automatic share redemption ofSEK 17 per share and an intention to resolve on share buybacks over time. "E...
Electrolux to acquire French service provider La Compagnie du SAV (CSAV)
STOCKHOLM, July 8, 2021 /PRNewswire/ -- With the acquisition Electrolux, a leading global appliance company, strengthens its service network inFrance and underlines its commitment to drive circularity and the repairability of appliances. Electrolux today announced it has agreed to acquire La C...
Invitation to Electrolux Q2 presentation
STOCKHOLM, July 6, 2021 /PRNewswire/ -- A telephone conference will be held following the release of the results, starting at 09.00 CET.Jonas Samuelson, President and CEO andTherese Friberg, CFO will comment on the report. Slides used in the presentation and report will be available at Electrolu...
Electrolux invites the younger generation to explore solutions for a better living
STOCKHOLM, May 12, 2021 /PRNewswire/ -- Electrolux publishes an open letter to today's youth, inviting them to join forces with the company and some of the most influential change-makers of today to explore solutions for future sustainable homes. The aim is to learn more about young people's hope...
Electrolux Q1 2021 Interim report: Delivering strong profitable growth
Highlights of the first quarter of 2021 STOCKHOLM, April 28, 2021 /PRNewswire/ -- * Net sales increased to SEK 29,026m (26,578) corresponding to an organic sales growth of 22.8%. This was driven by significant volume growth and higher prices as well as product mix improvements. In general, mar...
Electrolux reports progress on new sustainability strategy and includes climate reduction incentive program for top managers
STOCKHOLM, March 29, 2021 /PRNewswire/ -- Electrolux publishes its 2020 Sustainability Report today. The report highlights include a 70% reduction in emissions since 2015 and an innovative climate reduction element to its long-term incentive program for top managers. The report covers the comp...
Bulletin from AB Electrolux Annual General Meeting March 25, 2021
STOCKHOLM, March 25, 2021 /PRNewswire/ -- Due to the risk of the spread of COVID-19 and the authorities' regulations and advice the Annual General Meeting ("AGM") was carried out solely through advance voting (so-called postal voting) pursuant to temporary legislation. A video with the CEO,Jonas ...
