FLSmidth & Co. A/S is listed on Nasdaq Copenhagen. The share capital is DKK 1,153,000,000 (unchanged versus end of 2022) and the total number of issued shares is 57,650,000 (unchanged
versus end of 2022). At the end of 2023, FLSmidth held a total of 913,828 equal to approximately 1.6% of the share capital as treasury shares.


Each share entitles the holder to 20 votes. The FLSmidth shares are included in 161 Danish, Nordic, European and global share indices. As of 18 December 2023, the FLSmidth shares are no
longer included in the Danish Copenhagen 25 index. The shares are instead included in the Danish Large Cap index. At the time of issuing the 2023 financial statements for FLSmidth & Co. A/S, the company had approximately 51,700 registered shareholders (2022: 53,500). Major shareholders owning more than 5% of the share capital and of the votes were Altor Invest 7 AS, Tjuvholmen Allé 19, 0252 Oslo and Lundbeckfonden, Scherfigsvej 7, 2100 Copenhagen Ø. When excluding major shareholders and certain other related shareholding, the free float of FLSmidth’s outstanding shares is estimated to be approximately 72%.


Approximately 19% of the share capital is held by private investors, with the vast majority being held by Danish private investors, and 68% was held by institutional investors. Of the institutional ownership, approximately 23% was held by Danish investors (including Lundbeckfonden).


Shareholder structure - end of 2023  
Foreign 31%
Danish (private) 18%
Non-registered 8%
Danish (institutional)
Lundbeckfond Invest A/S 11%
FLSmidth & Co. A/S
Altor Invest 7 AS 15%

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