Stockholm, September 24, 2010 - NASDAQ OMX congratulates SCA, which 60 years ago
on September 26, 1950 became listed on the Stockholm Stock Exchange. On the
first day of trading SCA (then named Cellulosa AB) had a turnover of 400 shares
with total value of 69,000 SEK, compared to today's daily turnover of over 300
million SEK, making it one of the most traded companies in the Nordic region.
SCA is one of the world's leading manufacturers of paper-based personal care
products, tissue, packaging and solid wood products.
Jenny Rosberg, Senior Vice President at NASDAQ OMX, said: “SCA's journey from
its listing in 1950 to a global company with several world leading brands is
fantastic. They are an excellent example of how being a publicly listed company
can facilitate growth, expansion and innovation, and we are extremely proud to
be their home market. SCA is a part of our paper industry sector, which today is
the largest in the whole exchange world.”
SCA's President and CEO Jan Johansson commented: “The transparency that comes
with being a listed company results in high integrity among investors as well as
end customers, and has been instrumental in building our global brands.
Moreover, the capital raising opportunities offered by the exchange have enabled
SCA's long-term organic growth, and contributed to our strong global position
within the personal care and paper industry.”
In 1950 - the year of SCA's listing - the total share turnover at the Stockholm
Stock Exchange was 218 million SEK, to be compared with the annual turnover in
2009 of around 3400 billion SEK.
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NASDAQ OMX CONTACTS:
Carl Norell
+46 8 405 66 39
carl.norell@nasdaqomx.com
