Kesko - Retail sector expert

[Critter1]

@Juippi1

I haven’t looked into it further back, but over the last 10 years, the difference has been at most 8.3%.

Okay, I believe liquidity has a big impact on the spread. The institutional ownership base at least partly explains the larger swings.

even though on 20/09/2021 the closing prices were Kesko A at €27.65 and Kesko B at €31.90, making the B-share a good 15% more expensive.