SKF resolves Vertevo distribution and SKF stock trades at EUR 24.57
Published on 10/05/2026 at 13:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
SKF (ISIN SE0000108227) was trading at EUR 24.57 at Lang & Schwarz on October 5, 2026 at 1:29 p.m. CEST. On October 1, 2026, SKF said its extraordinary general meeting resolved to distribute the shares of SKF Vertevo to shareholders. The decision gives the planned automotive separation a defined timetable.
Vertevo sets a December deadline
The distribution ratio is one SKF Vertevo share for every five corresponding SKF class A or class B shares. The company expects November 27, 2026 as the record date and December 1, 2026 as the first trading day for SKF Vertevo on Nasdaq Stockholm, according to SKF. SKF also plans to treat Automotive as discontinued operations in its third-quarter report.
The separation changes the earnings mix investors will see after the distribution. It also places the November 25, 2026 expected last day of trading with the distribution right and November 26, 2026 expected ex-distribution trading date ahead of the listing, according to the company release.
Margins improved in the second quarter
SKF reported SEK 23.20 billion in net sales for the second quarter of 2026, flat year over year, while organic growth reached 1.40 percent. Yahoo Finance reported that adjusted operating margin improved to 13.90 percent from 13.30 percent in the second quarter of 2025.
The improvement was concentrated in the industrial portfolio, while Automotive still posted negative organic growth of 1.40 percent in the quarter. SKF said its rightsizing program delivered SEK 350.00 million of realized benefit in the second quarter, a concrete offset to separation costs.
Zonebourse reported on September 14, 2026 that Pareto reiterated its buy recommendation and a SEK 305.00 price target. The report also said industrial demand was improving, although volumes remained 15.00 percent below their previous records.
October price stays near the prior close
At Lang & Schwarz, SKF was trading at EUR 24.57 on October 5, 2026 at 1:29 p.m. CEST, plus 0.16 percent versus the EUR 24.53 prior close of October 2, 2026. On Nasdaq Stockholm, the class B share was last at SEK 276.10 on October 5, 2026 at 1:30 p.m. CEST, against a 52-week range of SEK 204.80 to SEK 280.10.
The further course of trading is shown by the continuously updated real-time quote of SKF stock.
SKF stock facts
- Company: AB SKF (publ)
- ISIN: SE0000108227
- Ticker: SKF B
- Primary exchange: Nasdaq Stockholm
- Price Lang & Schwarz as of October 5, 2026, 1:29 p.m. CEST: EUR 24.57
- Change versus prior close: plus 0.16 percent
- Prior close Lang & Schwarz October 2, 2026: EUR 24.53
- Market capitalization: SEK 125.8 billion as of October 5, 2026
- 52-week range: SEK 204.80-280.10 as of October 5, 2026
- Sector / Industry: Industrials / Manufacturing - Tools & Accessories
- Next earnings date: October 21, 2026
