Positive USD 70.5m non-recurring item related to U.S. tariff case
STOCKHOLM, April 7, 2022 /PRNewswire/ -- Electrolux will report a positive non-recurring item ofUSD 70.5m (SEK 656m) in the first quarter 2022 report related to the case of tariffs on washing machines imported to the U.S. Electrolux has reached a settlement related to the case of tariffs on washi...
Bulletin from AB Electrolux Annual General Meeting March 30, 2022
STOCKHOLM, March 31, 2022 /PRNewswire/ -- The Annual General Meeting of AB Electrolux was held onWednesday, March 30, 2022. Due to the Covid-19 situation, the Annual General Meeting was held online, combined with advance voting (so-called postal voting) pursuant to temporary legislation. Shareho...
Electrolux reports 78% reduction of greenhouse emissions in operations - and is four years ahead of plan
STOCKHOLM, March 28, 2022 /PRNewswire/ -- By the end of 2021, Electrolux had reduced its absolute scope 1 and 2 greenhouse gas emissions (direct and indirect in operations) by 78% compared to 2015. This means that the company is four years ahead of its 2025 plan for the science-based target of 80...
Electrolux reduces sea transport emissions by 15% in 2022
STOCKHOLM, March 23, 2022 /PRNewswire/ -- Electrolux will now use more sustainable fuels for 25% of its total sea freight. By partnering with shipping companies Maersk and CMA CGM Group to use biofuel based on waste oils and LNG (Liquefied Natural Gas), Electrolux will reduce its sea transport gr...
Conversion of shares in Electrolux
STOCKHOLM, Feb. 28, 2022 /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 February 2022, 150 Series A shares...
Notice convening the Annual General Meeting of AB Electrolux
STOCKHOLM, Feb. 24, 2022 /PRNewswire/ -- The shareholders of AB Electrolux, reg. no. 556009-4178, are hereby given notice of the Annual General Meeting to be held on Wednesday, March 30, 2022 at 4.00 p.m. (CEST). Due to Covid-19, the Board of Directors has decided that the Annual General Meeting...
Electrolux Nomination Committee proposes re-election of board members
STOCKHOLM, Feb. 9, 2022 /PRNewswire/ -- In preparation for the Electrolux Annual General Meeting onMarch 30, Electrolux Nomination Committee has decided to propose the re-election of all board members.Staffan Bohman is proposed to be re-elected as Chairman of the Board of Directors, and Petra Hed...
Buybacks of series B shares in AB Electrolux during week 05, 2022 - buyback program completed
STOCKHOLM, Feb. 07, 2022 /PRNewswire/ -- During the period January 31 - February 03, 2022 AB Electrolux (LEI code 549300Y3HHZB1ZGFPJ93) has repurchased in total 1,327,560 own series B shares (ISIN: SE0016589188) as part of the buyback program initiated by the Board of Directors in order to optimi...
Buybacks of series B shares in AB Electrolux during week 04, 2022
STOCKHOLM, Feb. 1, 2022 /PRNewswire/ -- During the period January 24 - January 28, 2022 AB Electrolux (LEI code 549300Y3HHZB1ZGFPJ93) has repurchased in total 1,570,000 own series B shares (ISIN: SE0016589188) as part of the buyback program initiated by the Board of Directors in order to optimize...
Electrolux Q4 2021 Interim report: Ending a record year with solid execution in Q4
STOCKHOLM, Jan. 28, 2022 /PRNewswire/ -- Highlights of the full-year of 2021 * In full-year 2021, strong price execution and attractive product and brand offering resulted in record net sales ofSEK 125,631m (115,960), operating income excl. non-recurring items ofSEK 7,528m (5,778), and operati...
Electrolux charges MUSD 85 to Q4 2021 result after arbitration in U.S. tariff case
STOCKHOLM, Jan. 27, 2022 /PRNewswire/ -- Electrolux will charge MUSD 85 (MSEK 727) to earnings in the fourth quarter of 2021 after an appeals panel upheld a U.S. Department of Commerce (DOC) decision regarding tariffs on washing machines imported into the U.S. fromMexico in 2016/2017. As previo...
Buybacks of series B shares in AB Electrolux during week 03, 2022
STOCKHOLM, Jan. 24, 2022 /PRNewswire/ -- During the period January 17 - January 21, 2022 AB Electrolux (LEI code 549300Y3HHZB1ZGFPJ93) has repurchased in total 1,381,353 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 01, 2022
STOCKHOLM, Jan. 10, 2022 /PRNewswire/ -- During the period January 03 - January 07, 2022 AB Electrolux (LEI code 549300Y3HHZB1ZGFPJ93) has repurchased in total 342,312 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 52, 2021
STOCKHOLM, Jan. 4, 2022 /PRNewswire/ -- During the period December 27 – December 30, 2021 AB Electrolux (LEI code 549300Y3HHZB1ZGFPJ93) has repurchased in total 342,312 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 51, 2021
STOCKHOLM, Dec. 27, 2021 /PRNewswire/ -- During the period December 20 - December 23, 2021 AB Electrolux (LEI code 549300Y3HHZB1ZGFPJ93) has repurchased in total 342,312 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 49, 2021
STOCKHOLM, Dec. 14, 2021 /PRNewswire/ -- During the period December 6 – December 10, 2021 AB Electrolux (LEI code 549300Y3HHZB1ZGFPJ93) has repurchased in total 427,890 own series B shares(ISIN: SE0016589188) as part of the buyback program initiated by the Board of Directors in order to optimize ...
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 ...
