Skanska AB (publ) ser. B (SKAB)

Profile

https://group.skanska.com

Skanska AB (publ) ser. B represents the publicly traded Series B shares of Skanska AB (publ), a leading global construction and project development company founded in 1887 and headquartered in Stockholm, Sweden. These shares, each carrying one vote, form the majority of the company's outstanding stock, quoted on the NASDAQ OMX Stockholm. Skanska specializes in developing highways, bridges, mass transit systems, houses, logistic centers, data centers, hospitals, schools, and commercial buildings, leveraging expertise across the Nordic region, North America, the UK, USA, Norway, and other markets. The company operates through key segments: Construction, which generates the bulk of revenue from social infrastructure, transportation, and commercial projects; Residential Development for single- and multi-family homes; Commercial Property Development for offices, life-science facilities, logistics, and rentals; and Investment Properties for managing office assets. With approximately 26,206 employees, Skanska plays a vital role in the industrials sector, particularly engineering and construction, contributing to societal infrastructure while maintaining strong financial metrics like a dividend yield around 3.63% and a mid-cap profile in the market.