The share’s history
The Gränges share was listed on Nasdaq Stockholm on 10 October 2014. In connection with the IPO, the main owner Orkla sold existing shares at a price of SEK 42.50. Orkla’s ownership thereby decreased from 100 to 31.0 percent of the shares. Orkla has subsequently sold its remaining shares in two installments, in May 2015 and March 2016.
In preparation for the listing, the company’s share capital was reduced from SEK 933 million to SEK 100 million and a 2:1 split of the company shares was carried out.