Singapore markets close in 33 minutes

Kinnevik AB (0RH1.L)

LSE - LSE Delayed Price. Currency in SEK
Add to watchlist
145.68-0.07 (-0.05%)
As of 06:13PM GMT. Market open.
Full screen
Previous close145.75
Bid0.00 x N/A
Ask0.00 x N/A
Day's range0.00 - 0.00
52-week range
Avg. volumeN/A
Market cap400.886M
Beta (5Y monthly)1.22
PE ratio (TTM)0.10
EPS (TTM)14.96
Earnings dateN/A
Forward dividend & yieldN/A (N/A)
Ex-dividend dateN/A
1y target estN/A
  • Reuters

    Sweden's Tele2 shares fall as Kinnevik sells 7.2% stake

    STOCKHOLM (Reuters) -Tele2 shares dropped 7% on Tuesday after Kinnevik said it would sell roughly a quarter of its holding in the telecoms operator for 6.1 billion Swedish crowns ($619.6 million). The Swedish investment company said it had completed a placement of 50 million class B shares, which constitute 7.2% of the share capital and 26.7% of the investment company's holding in Tele2, to institutional investors. "The transaction provides Kinnevik with additional financial strength at a time of market uncertainty, ensuring net cash runway through 2024 at our current pace of investment of around SEK 5bn per year," Kinnevik said in a statement late on Monday.