ASSA ABLOY AB (ASSA-B.ST) Stock Price

ASSA ABLOY AB is a Swedish public limited liability company with its registered office in Stockholm. Its website describes access solutions such as locks, cylinders, security doors and automated entrances. The page presents the ASSA ABLOY master brand for commercial openings and entrance automation, with Yale and HID under separate headings.

The group traces its origins to two separate lock traditions. In 1881 August Stenman began making locks, and the name ASSA is said to have been proposed by his wife, based on his initials. The disc tumbler lock developed by engineer Emil Henriksson led to the company that later became Abloy. Abloy belonged to Metra and ASSA had belonged to Securitas since 1988; the two businesses merged in 1994 to form ASSA ABLOY. Stockholm was chosen as the headquarters. The share was listed on the O list of the Stockholm Stock Exchange in November 1994, a date the company treats as its birthday. Today the Series B share trades on Nasdaq Stockholm.

Those following ASSA ABLOY stock usually watch construction and renovation activity, demand for security and access products, the company's acquisition announcements and its distribution policy. On the Lzzo.com ASSA ABLOY page, the price of the Stockholm-listed shares appears with its observation time, together with a price history chart and technical indicators.