SKF stock: Vertevo spin-off sets key dates ahead of listing
Published on 11/13/2026 at 17:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSWhat SKF holders should watch
- SKF will distribute its automotive business, Vertevo, to shareholders at a ratio of one share for every five SKF shares.
- SKF shares are scheduled to trade without the Vertevo entitlement from November 26, ahead of the November 27 record date.
- Vertevo trading is expected to start on Nasdaq Stockholm on December 1, subject to customary conditions.
SKF said on November 10 that its board has set November 27 as the record date for distributing shares in its automotive subsidiary, SKF Vertevo. The company also published the identifiers for the new securities as part of the planned Nasdaq Stockholm listing, giving investors more precise terms for the separation.
The details come from SKF's release on PR Newswire.
Distribution timetable takes shape
SKF shareholders are set to receive one Vertevo share for every five shares of the corresponding SKF class. The new Series A and Series B securities are identified by ISINs SE0030336236 and SE0030336244, respectively. Shareholders do not need to submit instructions if they are registered on the record date.
November 25 is scheduled to be the final trading day for SKF shares carrying the right to receive Vertevo shares. From November 26, SKF shares are expected to trade without that entitlement. The record date follows on November 27, while trading in Vertevo is expected to begin on December 1 under the short names SKFVER A and SKFVER B.
Next investor milestone
The prospectus for Vertevo's admission to trading has been approved by the Swedish Financial Supervisory Authority. Nasdaq Stockholm has resolved to admit the shares subject to customary conditions, so the planned listing remains tied to completion of those requirements.
A Capital Markets Day dedicated to Vertevo is scheduled for November 17. Management is expected to present the standalone automotive business and its plans before the new company reaches the market.
SKF company details
- Company: AB SKF
- ISIN: SE0000108227
- Corporate action: One Vertevo share for every five SKF shares of the corresponding class
- Vertevo Series A ISIN: SE0030336236
- Vertevo Series B ISIN: SE0030336244
The broader Swedish market context is available in Current market reports.
Further separation milestones and company developments are available in More news and analyses on SKF stock.
