Pressreleaser 2004
| Volvo Buses' B12M chassis has been named the Brazilian bus of the year. The chassis is available as a bi-articulated bus, which, at 26.8 metres long, is the world's longest bus. |
| Volvo Buses has secured a contract to supply 150 double-deck buses to Singapore's largest public bus operator, SBS Transit. SBS Transit has around 2,700 buses in its city-bus fleet of which 66% are Volvo buses. |
| Further to the decision taken by AB Volvo's Board of Directors on June 17, 2004, regarding repurchase of own shares, AB Volvo has, on Wednesday, December 22, acquired 400,000 series B shares. The shares were traded between SEK 265.00 and 268.50 with an average price of SEK 266.51. |
| Volvo Aero's planned acquisition of the Aero-Craft company has now been completed. As a result, the strategic alliance with Carlton Forge Works can be realized. Consequently, Volvo Aero can now expand its offering of specialized components to include fan cases. |
| Further to the decision taken by AB Volvo's Board of Directors on June 17, 2004, regarding repurchase of own shares, AB Volvo has, on Tuesday, December 21, acquired 380,000 series B shares. The shares were traded between SEK 260.50 and 262.50 with an average price of SEK 261.64. And has acquired 15,000 series A shares. The shares were traded between SEK 250.50 and 252.00 with an average price of SEK 251.41. |
| Further to the decision taken by AB Volvo's Board of Directors on June 17, 2004, regarding repurchase of own shares, AB Volvo has, on Monday, December 20, acquired 360,000 series B shares. |
| Volvo Construction Equipment (Volvo CE) is in the final development stages of a new 70ton Volvo hydraulic excavator. This machine will be presented to the worldwide construction industry at the ConExpo 2005 trade fair in Las Vegas, USA in March 2005. |
| Volvo Buses has received an order from Shanghai, China, for 137 city buses. This is the first order from Shanghai for Volvo’s modernized B7R Mk II city bus chassis. |
| Volvo Lietuva UAB, a wholly owned company of Volvo Truck Corporation, has acquired the aftermarket operations for Volvo trucks and buses in Lithuania from UAB Autosabina in Kaunas with effect from November 22, 2004. |
| Further to the decision taken by AB Volvo's Board of Directors on June 17, 2004, regarding repurchase of own shares, AB Volvo has, on Friday, December 17, acquired 300,000 series B shares. The shares were traded between SEK 263.50 and 267.00 with an average price of SEK 264.98. And has acquired 15,000 series A shares. The shares were traded between SEK 253.00 and 256.50 with an average price of SEK 254.30. |
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