Electrolux Group has announced a fully underwritten rights issue of approximately SEK 9.06 billion, subject to approval at an Extraordinary General Meeting on May 27, 2026. The proceeds will finance growth initiatives, including a strategic partnership with Midea Group, organizational efficiency improvements, and balance sheet strengthening. The subscription price is set at SEK 16.75 per share, with the subscription period from June 2 to June 16, 2026. Investor AB, the largest shareholder, supports the issue and has committed to subscribe for its pro rata share and guarantee part of the issue, ensuring full underwriting. This capital raise aims to accelerate Electrolux's profitable growth and maintain financial resilience amid competitive market conditions.
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