SKF stock sets November 27 record date for Vertevo spin-off
Published on 11/13/2026 at 11:18 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey dates shape the separation
- SKF shareholders will receive SKF Vertevo shares through a five-to-one distribution ratio.
- The prospectus received approval from Sweden's Financial Supervisory Authority.
- A Capital Markets Day will provide further details before the planned listing.
SKF has set the timetable for distributing its automotive business, SKF Vertevo, to shareholders. In a release carried by PR Newswire, SKF said on Tuesday, November 10, that the record date will be November 27 and that trading in Vertevo is expected to begin on December 1.
SKF stock traded at 25.25 euros on Lang & Schwarz at 11:21 CET on Tuesday, November 10, 0.72 percent above the Xetra close of Monday, November 9. The comparison uses the previous Xetra session because the Lang & Schwarz quote was recorded before the November 10 Xetra close.
Vertevo moves toward independence
The transaction follows approval by SKF's extraordinary general meeting on October 1. All shares in the wholly owned subsidiary SKF Vertevo will be distributed to SKF shareholders, with five SKF Series A shares entitling holders to one Series A Vertevo share and five Series B shares entitling holders to one Series B Vertevo share.
Shareholders whose holdings are not divisible by five will have their fractional entitlements combined with those of other investors. SKF said the resulting whole shares will be sold on Nasdaq Stockholm through SEB, with the proceeds paid to the relevant shareholders through Euroclear without commissions.
The Swedish Financial Supervisory Authority has approved the prospectus for Vertevo's admission to trading. The document adds financial and other information about the future automotive company and is intended to give investors a more detailed basis for assessing the separation.
Trading dates matter for SKF holders
November 25 is the last day on which SKF shares trade with the right to receive Vertevo shares. From November 26, SKF shares are expected to trade without that right. The record date follows on November 27, while Vertevo is expected to start trading on December 1 under the short names SKFVER A and SKFVER B.
The next major investor event is the Vertevo Capital Markets Day in Stockholm on November 17. Management is expected to present the standalone automotive business and its plans before the new company reaches the market.
SKF stock at a glance
- Company: AB SKF
- ISIN: SE0000108227
- Xetra symbol: SKFB
- Lang & Schwarz quote: 25.25 euros on November 10, 2026, at 11:21 CET
- Xetra close: 25.07 euros on November 9, 2026
- Vertevo distribution: Five SKF shares for one Vertevo share
Investors can follow the broader Swedish market in the OMXS30 market theme.
Further separation milestones and company developments are available in More news and analyses on SKF stock.
