Shares history 1911

After reducing the nominal value of the shares from 2,100 to 2,000 crowns, the company issued 300 new shares to bring its share capital back up to 12,600,000 crowns and capitalised 1,600,000 crowns from 1910 profits, resulting in the capital being fully paid up and divided into 6,300 shares with a nominal value of 2,000 crowns each. The 300 new shares were issued at a price of 2,000 crowns each in the proportion of one new share for every 20 held, plus a premium of 18,000 crowns that was used to pay up a portion of the unpaid 6/10.