Volvo Cars Lists on Nasdaq Stockholm, Welcoming 200K New Shareholders at Bell-Ringing Ceremony
Volvo Cars today welcomed over 200,000 new shareholders as it listed on the Nasdaq Stockholm stock exchange. To mark its first day of trading on the exchange, Volvo Cars held a traditional bell-ringing ceremony at its studio in Stockholm, Sweden. The initial public offering attracted strong interest from institutional investors in Sweden and abroad as well as from the general public in the Nordics.
Håkan Samuelsson, chief executive of Volvo Cars, said: “I would like to extend a warm welcome to all our new shareholders. We will work hard to execute our plan and create further value for you all.” Eric Li, chairperson of Zheijiang Geely Holding, Daniel Donghui Li, member of Volvo Cars Board of Directors and CEO of Geely Holding Group, and Adam Kostyál, senior vice president, head of listings, EMEA were also present at the ceremony.
The bell-ringing ceremony was streamed live online and provided an opportunity for viewers to get a glimpse into the company’s history and culture. It was an exciting moment for Volvo Cars and its shareholders alike. The event marked the start of a new chapter in the company’s history and signified its commitment to creating value for its shareholders.
Volvo Cars is now part of the Nasdaq family and is looking forward to continuing to grow and develop its business with the support of its new shareholders. With a strong focus on innovation and sustainability, Volvo Cars is well-positioned to take advantage of the opportunities that come with being publicly listed.
The company is committed to delivering on its financial targets and creating long-term value for its shareholders. Volvo Cars will continue to focus on developing innovative products, services and technologies that meet the needs of customers around the world. It will also continue to invest in safety, sustainability and electrification initiatives.
Volvo Cars’ listing on Nasdaq Stockholm marks an important milestone in the company’s history. The listing will provide the company with access to a larger pool of capital and enable it to further strengthen its balance sheet and pursue growth opportunities.
Today’s bell-ringing ceremony was a celebration of Volvo Cars’ success and a reminder of the company’s commitment to creating value for its shareholders. With a strong focus on innovation, sustainability and customer satisfaction, Volvo Cars is well-positioned to take advantage of the opportunities that come with being publicly listed.
What is the date of Volvo Cars’ first day of trading bell-ringing ceremony?
The bell-ringing ceremony will take place on Friday 29 October.
What time does the ceremony start?
The ceremony will start at 08:40 CET.
Who are the speakers for the ceremony?
The speakers for the ceremony are Håkan Samuelsson, chief executive of Volvo Cars; Eric Li, chairperson of Zheijiang Geely Holding; Daniel Donghui Li, member of Volvo Cars Board of Directors and CEO of Geely Holding Group; and Adam Kostyál, senior vice president, head of listings, EMEA.
Is there an opportunity to ask questions as part of the livestream?
No, there will be no opportunity to ask questions as part of the livestream. For interview enquiries, please contact .
How many new shareholders did Volvo Cars welcome on its first day of trading?
Volvo Cars welcomed over 200,000 new shareholders on its first day of trading.
Was the initial public offering well received?
Yes, the initial public offering attracted strong interest from institutional investors in Sweden and abroad as well as from the general public in the Nordics.
What is the purpose of the bell-ringing ceremony?
The bell-ringing ceremony marks the official start of trading on Nasdaq Stockholm and celebrates Volvo Cars’ successful listing.
Where can I watch the livestream of the bell-ringing ceremony?
The livestream of the bell-ringing ceremony will be available on Volvo Cars’ website, www.volvocars.com/bellringing.
What other activities are planned for the day?
Other activities planned for the day include a virtual tour of Volvo Cars’ headquarters in Gothenburg, Sweden, as well as interviews with key executives from Volvo Cars and Geely Holding Group.