The share capital is DKK 1,153,000,000 (unchanged versus end of 2023) and the total number of issued shares is 57,650,000 (unchanged versus end of 2023). At the end of 2024, FLSmidth held a total of 813,075 shares, equal to approximately 1.4% of the share capital, as treasury shares.
Each share entitles the holder to 20 votes. The FLSmidth shares are included in 162 Danish, Nordic, European and global share indices. This includes the Danish Large Cap index.
At the time of issuing the 2024 financial statements for FLSmidth & Co. A/S, the company had approximately 46,000 registered shareholders. Major shareholders owning more than 5% of the share capital and of the votes were Altor Invest 7 AS, Tjuvholmen Allé 19, 0252 Oslo and Lundbeckfond Invest A/S, Scherfigsvej 7, 2100 Copenhagen Ø. When excluding major shareholders and certain other related shareholdings, the free float of FLSmidth’s outstanding shares is estimated to be approximately 72%.
Based on available information, it has been estimated that approximately 18% of the share capital is held by private investors, with the vast majority being held by Danish private investors. Further, 68% was held by institutional investors. Of the institutional ownership, approximately 21% was held by Danish investors (including Lundbeckfonden).
Shareholder structure - end of 2024 | |
| Altor Invest 7 AS* | 14.9% |
| Lundbeckfond Invest A/S | >10.0% |
| Retail investors | ~18% |
| Danish institutional** | ~10% |
| International institutional*** | ~32% |
| FLSmidth & Co. A/S | ~2% |
| Other | ~6% |
| Non-registered | ~6% |
* Altor Invest 7 AS have publicly disclosed their position of 14.9%
** Excluding Lundbeckfond Invest A/S
*** Excluding Altor Invest 7 AS