Sweden's Investor AB Registers Total Shareholder Return of 15%
By Dominic Chopping
STOCKHOLM--Investor AB posted a total shareholder return of 15% in the second quarter, compared with a negative return of 5% in the prior-year period.
The company, an investment vehicle of Sweden's prominent Wallenberg family, said Thursday that it invested 1.7 billion Swedish kronor ($177.2 million) in its pro-rata share of Electrolux's rights issue during the quarter. It noted the Swedish home appliance maker's strengthened balance sheet, and said North American joint ventures are important steps to position Electrolux for improved profitability.
It also bought nearly 57,000 shares in Nasdaq for 46 million kronor, and entered a deal to divest 2 million shares in SEB which will be settled during the third quarter 2026 and yield expected proceeds of around 375 million kronor.
Investor AB's net asset value per share rose to 354 kronor at the end of June from 321 kronor at the end of March. On an adjusted basis, NAV per share stood at 397 kronor, while net profit attributable to shareholders rose to 117.29 billion kronor in the second quarter from 45.3 billion kronor a year earlier as the value of its investments increased.
Listed companies generated a total return of 14% in the quarter, with performance primarily driven by a few of its major industrial companies, led by ABB, it said.
Write to Dominic Chopping at dominic.chopping@wsj.com
(END) Dow Jones Newswires
July 16, 2026 02:59 ET (06:59 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.The articles, information, and content displayed on this webpage may include materials prepared and provided by third parties. Such third-party content is offered for informational purposes only and is not endorsed, reviewed, or verified by Morningstar.
Morningstar makes no representations or warranties regarding the accuracy, completeness, timeliness, or reliability of any third-party content displayed on this site. The views and opinions expressed in third-party content are those of the respective authors and do not necessarily reflect the views of Morningstar, its affiliates, or employees.
Morningstar is not responsible for any errors, omissions, or delays in this content, nor for any actions taken in reliance thereon. Users are advised to exercise their own judgment and seek independent financial advice before making any decisions based on such content. The third-party providers of this content are not affiliated with Morningstar, and their inclusion on this site does not imply any form of partnership, agency, or endorsement.
Popular
4 Stocks to Buy Before They Rise Further
2 Undervalued Stocks to Buy Before They Rebound
The 10 Best Companies to Invest in Now
The 10 Best Dividend Stocks
