The 2005 Annual General Meeting's resolution on a share split 5:1 and a subsequent redemption of 113,837,767 shares has now been registered. As a result of the procedure, the Company’s share capital was reduced by SEK 284,594,417.50 and SEK 2,845,944,175 will be distributed to the company’s shareholders.

Further, the 113,837,767 shares of Series C that the Annual General Meeting decided to issue, in order to reduce the time expenditure involved in the reduction, have been redeemed at a nominal value of SEK 2.50 per share, adjusted by an interest rate factor. The reduction involves transfer of SEK 284,594,417.50 from the Company’s non-restricted equity to the legal reserve.


Other News:
AB SKF’s share redemption implemented. SEK 2,8 billion will be distributed on June7, 2005 to SKF shareholders.
Two news about SKF
Dover Corporation Acquires C-Tech Energy Services Inc.
SKF's acquisition of Jaeger finalized
KS Bearings Names VP of Engineering, Product Development
12th International Engineering Trade Fair, Nitra(pic)
The notice about Minebea limited company participating in 2005 bearing industry fair(pic)
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