The Annual General Meeting of AB Volvo held on April 1, 2015, approved the Board of Directors’ motions that a dividend of SEK 3.00 per share be paid to the company’s shareholders. The record date for dividends was decided to be April 7, 2015.
The I-Shift Dual Clutch transmission uses technology from the sports car industry to lift the driveability in heavy trucks to a whole new level. It is the first dual-clutch transmission for serial produced heavy vehicles, and the engineers responsible for the solution will receive Volvo’s technology award for 2014.
The number of votes in AB Volvo has changed due to the conversion of a total of 3,000,000 Series A shares to a total of 3,000,000 Series B shares. The conversions were implemented with the support of the opportunity for Series A shareholders to request conversion of Series A shares to Series B shares, which was entered in the Articles of Association at the 2011 Annual General Meeting.