SKF AB (CHIX:SKFBS) Treasury Stock : kr0 Mil (As of Sep. 2024)

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What is SKF AB Treasury Stock?

Treasury stock is the portion of shares that a company keeps in their own treasury. SKF AB's treasury stock for the quarter that ended in Sep. 2024 was kr0 Mil.

Treasury stock may have come from a repurchase or buyback from shareholders; or it may have never been issued to the public in the first place.

SKF AB Treasury Stock Historical Data

The historical data trend for SKF AB's Treasury Stock can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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SKF AB Treasury Stock Chart

SKF AB Annual Data

Trend

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Treasury Stock

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SKF AB Quarterly Data
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SKF AB Treasury Stock Calculation

The portion of shares that a company keeps in their own treasury. Treasury stock may have come from a repurchase or buyback from shareholders; or it may have never been issued to the public in the first place. These shares don't pay dividends, have no voting rights, and should not be included in shares outstanding calculations.

SKF AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » SKF AB (CHIX:SKFBs) » Definitions » Treasury Stock

Comparable Companies

Traded in Other Exchanges

SKUFF:USA SKFRY:USA SKF B:Sweden SKF A:Sweden 0NWX:UK 0NWW:UK SKFB:Germany

Address

Sven Wingquists Gata 2, Gothenburg, SWE, SE-415 50

Website

https://www.skf.com

SKF's history goes back to the first major patents in ball bearings, when in 1907 it was the first to patent the self-aligning ball bearing. SKF, along with the Schaeffler Group, are the top two global ball bearing suppliers followed by Timken, NSK, NTN, and JTEKT. Combined, these six companies supply about 60% of the world's ball bearings. However, most of them have sector niches as ball bearings for industrial purposes are engineered for specific applications. SKF is based out of Sweden and has a global manufacturing footprint of 106 sites and about 17,000 global distributor locations. The firm operates under two segments: industrials, which has a fairly fragmented customer base; and automotive, which is the opposite, with a concentrated customer base including the likes of Tesla.

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