The share capital is DKK 1,153,000,000 (unchanged from 2024) and the total number of issued shares is 57,650,000 (unchanged from end of 2024). Each share entitles the holder to 20 votes. At the end of 2025, FLSmidth held a total of 2,974,931 shares equal to approximately 5.2% of the total share capital, as treasury shares.
The FLSmidth shares are included in 133 Danish, Nordic, European and global share indices. This includes the Danish OMXC25 index.
At the time of issuing the 2025 financial statements for FLSmidth & Co. A/S, the company had approximately 43,000 registered shareholders (2024: ~46,000). 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 68%.
Based on available information, it has been estimated that approximately 15% of the share capital is held by private investors, with the vast majority being held by Danish private investors. Further, 71% was held by institutional investors. Of the institutional ownership, approximately 20% was held by Danish investors (including Lundbeckfond Invest A/S).
Shareholder structure | |
| Altor Invest 7 AS* | 15.2% |
| Lundbeckfond Invest A/S | >10.0% |
| Retail investors | ~15% |
| Danish institutional** | ~9% |
| International institutional*** | ~36% |
| FLSmidth & Co. A/S | 5.2% |
| Other | ~9% |
*Altor Invest 7 AS have publicly disclosed their position of 15.2%
**Excluding Lundbeckfond Invest A/S
*** Excluding Altor Invest 7 AS