Scandic Hotels Ownership
SHOT Stock | SEK 67.40 0.15 0.22% |
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Scandic |
Scandic Stock Ownership Analysis
About 29.0% of the company outstanding shares are owned by corporate insiders. The book value of Scandic Hotels was at this time reported as 12.44. The company has Price/Earnings To Growth (PEG) ratio of 0.89. Scandic Hotels Group last dividend was issued on the 25th of October 2019. The entity had 117:83 split on the 29th of May 2020. Scandic Hotels Group AB , together with its subsidiaries, operates and franchises hotels in Sweden, Norway, Finland, and other European Countries. The company was founded in 1963 and is headquartered in Stockholm, Sweden. Scandic Hotels operates under Hotels Travel And Leisure classification in Sweden and is traded on Stockholm Stock Exchange. It employs 11274 people. To find out more about Scandic Hotels Group contact Jens Mathiesen at 46 8 51 73 50 00 or learn more at https://www.scandichotelsgroup.com.Scandic Hotels Outstanding Bonds
Scandic Hotels issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Scandic Hotels Group uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Scandic bonds can be classified according to their maturity, which is the date when Scandic Hotels Group has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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