Listed at the Nasdaq Stockholm Exchange (Stock Symbol: HUSQB)
How to Open a Trading Account to Invest in How to Buy Husqvarna Shares
Opening an investment account with an Online Broker is a process that is completed online and requires:
First, choose the broker that best fits you. Here, we present eToro as the main choice.
Upload an ID and a proof of address (electricity, water bills, etc.), through the Broker's App or via email.
Whether you open it with eToro or with another broker, make sure to choose the right base currency of the account. With some brokers, changing it once you open the account can be painful. Trading Accounts may be based in US Dollars (USD), Euros (EUR), Pound Sterling (GBP), Swiss Franc (CHF), Australian Dollar (AUD) as the base currency. Practically all of them offer the option in US Dollars or Euros.
Once the account has been approved by the Broker, it's time to deposit cash. The depositing and withdrawing money methods are usually Credit Cards, Bank Transfers or eWallets (PayPal, PaySafe, Skrill, SafetyPay, Neteller, among many others). The available options to deposit funds will depend on each Broker. A vital fact to mention is that all of the Brokers presented above allow you to use a simulator on their platform, that is, they allow testing their Demo account, which is totally Free. In other words, you can open a Demo account, try the platform, and then decide whether to deposit money or not.
Upon the capital is credited into your credited account, you may now buy the Stock.
Is it easy to invest in Husqvarna Shares?
Online Brokers allow investing in Shares straightforwardly through optimized apps that grant easy and fast access to financial markets. In fact, most platforms resemble a social network or any other phone app: They are designed so that the investor can learn and start trading very quickly, without the need for much prior knowledge. Literally, to buy shares of Husqvarna, you have to:
open a trading account as explained before,
Search for "Husqvarna" on the Broker's Trading platform, and
press the "Buy" button.
And, done, you are officially investing in the co's shares.
Husqvarna Group dates back to 1689 and is a global producer of outdoor power products and innovative solutions for applications in forest, park and garden care, as well as watering products and power tools for construction. Company products include chainsaws, trimmers, robotic lawn mowers and ride-on lawnmowers.
Husqvarna Group consists of three divisions; Husqvarna, Gardena and Construction. The company is focused on Asia, Europe, and North America. Products are sold via dealers and retailers under the brands Husqvarna, Gardena, McCulloch, Flymo, Zenoah and Diamant Boart and serve consumers and professionals in more than 100 countries. The Group employs more than 13,000 people in 40 countries.
In 2019, it was announced that Husqvarna Group had a venture capital investment in Soil Scout, an IoT start-up company providing buried wireless soil monitoring solutions that optimise water consumption and energy usage. Its clients are the sports, turf care, city green areas, and agriculture industries.