Shareholders and ownership changes

Ownership distribution in Stora Enso

Ownership distribution as of 28 June 2024

  • Solidium Oy* - 10.7%
  • FAM AB** - 10.2%
  • Social Insurance Institution of Finland (KELA) - 3.0%
  • Finnish institutions (excl. Solidium and KELA) - 11.4%
  • Swedish institutions (excl. FAM) - 1.4%
  • Finnish private shareholders - 3.7%
  • Swedish private shareholders - 3.0%
  • ADR holders - 1.6%
  • Under nominee names (non-Finnish/non-Swedish shareholders) - 54.9%
Ownership distribution, 28 June 2024 % of shares Change % of shares Q1/24-Q2/24 % of votes Change % of votes Q1/24-Q2/24
Solidium Oy* 10.7% - 27.3% -
FAM AB** 10.2% - 27.3% -
Social Insurance Institution of Finland (KELA) 3.0% - 10.0% -
Finnish institutions (excl. Solidium and KELA) 11.4% 5.8% 8.3% 2.5%
Swedish institutions (excl. FAM) 1.4% 12.5% 0.9% 5.3%
Finnish private shareholders 3.7% -1.8% 2.3% -1.5%
Swedish private shareholders 3.0% 3.8% 2.1% 0.6%
ADR holders 1.6% -0,6% 0.5% -0.6%
Under nominee names (non-Finnish/non-Swedish shareholders) 54.9% -1,5% 21.2% -1.4%
*Entirely owned by the Finnish State.
**As confirmed to Stora Enso.

Major shareholders as of 30 August 2024

Please note that the following list has been compiled by the company, based upon shareholder information from Euroclear Finland Oy and Euroclear Sweden AB share registers and a database managed by Citibank, N.A. (as the company's ADR agent bank). This information includes only direct registered holdings, thus certain holdings (which may be substantial) of ordinary shares and ADRs held in nominee or brokerage accounts can not be included. The list is therefore incomplete.
By voting power Country A share R share Votes % of shares Change % of shares % of votes Change % of votes
1 Solidium Oy* FI 62 655 036 21 792 540 64 834 290 10.7 % 0.0 % 27.3 % 0.0 %
2 FAM AB** SE 63 123 386 17 000 000 64 823 386 10.2 % 0.0 % 27.3 % 0.0 %
3 Social Insurance Institution of Finland FI 23 825 086 0 23 825 086 3.0 % 0.0 % 10.0 % 0.0 %
4 Ilmarinen Mutual Pension Insurance Company FI 4 159 992 17 860 000 5 945 992 2.8 % 0.0 % 2.5 % 0.0 %
5 Varma Mutual Pension Insurance Company FI 5 163 018 1 140 874 5 277 105 0.8 % 0.0 % 2.2 % 0.0 %
6 MP-Bolagen i Vetlanda AB** SE 4 885 000 1 000 000 4 985 000 0.7 % 0.0 % 2.1 % 0.0 %
7 Elo Mutual Pension Insurance Company FI 2 010 000 9 775 000 2 987 500 1.5 % 2.5 % 1.3 % 1.0 %
8 Bergslaget's Healthcare Foundation SE 626 269 1 609 483 787 217 0.3 % 0.0 % 0.3 % 0.0 %
9 The State Pension Fund FI 0 5 600 000 560 000 0.7 % 0.0 % 0.2 % 0.0 %
10 Lannebo fonder SE 0 3 908 000 390 800 0.5 % 8.3 % 0.2 % 8.3 %
11 Unionen (Swedish trade union) SE 0 3 492 883 349 288 0.4 % 4.9 % 0.1 % 4.9 %
12 The Society of Swedish Literature in Finland FI 0 3 000 000 300 000 0.4 % 0.0 % 0.1 % 0.0 %
13 Danske Invest Finnish Equity Fund FI 0 2 613 699 261 370 0.3 % 11.0 % 0.1 % 11.0 %
14 Avanza Pension Insurance SE 122 278 1 342 147 256 493 0.2 % 1.9 % 0.1 % 0.8 %
15 OP Finland Fund FI 0 2 338 553 233 855 0.3 % 0.0 % 0.1 % 0.0 %
16 Investment Fund Seligson & Co OMX Helsinki 25 FI 0 1 781 396 178 140 0.2 % -0.9 % 0.1 % -0.9 %
17 Nordea Pro Finland Fund FI 0 1 756 682 175 668 0.2 % 0.6 % 0.1 % 0.6 %
18 EVLI Finland Select Fund FI 0 1 740 000 174 000 0.2 % -17.1 % 0.1 % -17.1 %
19 Aktia Capital Investment Fund FI 0 1 697 000 169 700 0.2 % 0.0 % 0.1 % 0.0 %
20 SEB Investment Management SE 0 1 651 591 165 159 0.2 % 0.0 % 0.1 % 0.0 %

*Entirely owned by the Finnish State.
**As confirmed to Stora Enso.

Shareholders' announcements

The free float of Stora Enso shares excluding shareholders with holdings of more than 5% of shares or votes is more than 70% of the total number of shares issued.

Major shareholders' announcements

The major shareholder announcements can be found under "Newsroom".

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