Stock book
Last updated: 2022-10-18
The share register contains a list of a limited company’s shares and shareholders.
By law, all limited companies must establish a share register and ensure that it is available to the public. It is the board’s responsibility to draw up the share register and ensure that changes and updates are registered, for example when the company’s shares are bought or sold.
What should a share book look like?
The Companies Act (ch. 5 § 5) describes how the share register must look for private companies.
The shares must be listed in numerical order but can be divided into items. By post is meant a number series of shares owned by a particular person. For each item, the following must be specified:
- Each share’s number or series of numbers (e.g. 200-399)
- The shareholders’ name and social security number or organization number or other identification number
- Owner’s mailing address
- Which class each share belongs to, (if there are shares of different types in the company, e.g. A or B)
- Whether share certificates have been issued
- In the event that the share is subject to reservations according to the Swedish Companies Act ch. 4. § 6, 8, 18 or 27 or ch. 20 Section 31.
Who will manage the share register?
It is the company’s board of directors that is responsible for establishing and keeping the share register in order. If the board fails to do so, they can be fined or even jailed for up to a year.
Share register at Voitto
In the system that Voitto uses, there is a function for the share register, but this does not replace a real share register that you must keep for the company. The function is only for receiving information about the company’s shares and changes before the financial statements.