Ericsson repurchases 2.5 million Class B shares in August buyback

Corporate Action
โดย PR Newswire·SE·Read original
Summary · why it matters

Telefonaktiebolaget LM Ericsson repurchased 2,500,000 Class B shares during the period August 10 through August 14, 2026, at a weighted average price of 96.7017 Swedish kronor per share, for a total transaction value of 241,754,225 kronor. The buybacks are part of a share repurchase program of up to 15,000,000,000 kronor announced on April 16, 2026, running between April 23, 2026, and March 31, 2027. The Board of Directors intends to propose at the 2027 Annual General Meeting that repurchased shares, other than those used for share-related incentive programs, be cancelled. All acquisitions were carried out on Nasdaq Stockholm by Goldman Sachs Bank Europe SE on behalf of Ericsson. Following the repurchases, Ericsson's holding of treasury stock amounts to 97,669,316 Class B shares, out of a total of 3,371,351,735 shares, comprising 261,755,983 Class A shares and 3,109,595,752 Class B shares.

Impact on stocks 1

Information Technology · 1 stocks