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In June 2001 Investor AB, a Swedish investment company and a major shareholder, sold its total shareholding in Stora Enso to the Knut and Alice Wallenberg and Marianne and Marcus Wallenberg Foundations. Subsequent to the transaction the Finnish State is the largest single shareholder in the Company. However, since June 1998 the Finnish State has not been required to own Stora Enso shares.
When shareholders with holdings of more than 5% of the shares or votes are excluded, the free float of shares is approximately 648 million, corresponding to 75% of the total number of shares issued.
At the end of 2001 the Company had approximately 70 000 registered shareholders, of which about 45 000 are Swedish shareholders and about 3 000 ADR holders. Each nominee register is entered in the share register as one shareholder. Approximately 649 million (72%) of the Company's shares were registered in the name of a nominee.
Information about share distribution in Stora Enso is given in tables
By size of holding, Series A
By size of holding, Series R
By shareholding %
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