Ericsson's Annual General Meeting 2026
Rhea-AI Summary
Ericsson (NASDAQ:ERIC) held its Annual General Meeting on March 31, 2026 in Kista.
The AGM approved a SEK 3.00 per-share dividend paid in two installments (record dates April 2 and September 29, 2026), re-elected the board and auditor, approved long-term variable compensation programs covering up to 7.4m and 10.9m B-shares, and authorized share buybacks up to 10% of total shares.
Positive
- Dividend SEK 3.00 per share paid in two installments
- Authorization to buy back up to 10% of total shares provides capital flexibility
- LTV 2026 allocates up to 7.4 million B-shares (≈0.22% of shares) for incentives
- Re-election of auditor Deloitte through AGM 2027 ensures audit continuity
Negative
- Combined authorized transfers under LTV programs total 22.6 million B-shares, indicating dilution risk
- High board chair fee of SEK 5.2m increases fixed governance costs
News Market Reaction – ERIC
On the day this news was published, ERIC gained 2.18%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
ERIC fell 0.99% with peers also lower: NOK -2.57%, HPE -5.32%, CIEN -11.19%, UI -6.99%, ZBRA -1.99%, indicating a broader sector risk-off tone.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Mar 26 | Core network deal | Positive | -1.6% | Multi‑year framework to expand and modernize SoftBank’s 5G core network. |
| Mar 24 | Partnership expansion | Positive | +1.2% | Vonage and ServiceNow deepen integration for voice and AI in workflows. |
| Mar 13 | 6G technology showcase | Positive | +0.2% | Showcased AI‑native 6G ecosystem leadership and key chipset partnerships. |
| Mar 12 | Annual report filing | Neutral | +0.2% | Filed Form 20‑F for 2025 and made it available to shareholders. |
| Mar 11 | Product award | Positive | +1.4% | Vonage fraud‑detection solution won a security/compliance innovation award. |
Recent news has mostly seen price moves align with generally positive headlines, with one notable divergence on a core-network expansion deal.
Over the last months, Ericsson reported several corporate and technology milestones. These include 6G leadership at MWC 2026, a multi‑year core‑network agreement with SoftBank, and Vonage-related product wins and integrations. Regulatory filings highlighted the Form 20‑F for 2025. Price reactions to these items were usually modest and often positive, though the SoftBank network expansion saw a -1.55% move. Today’s AGM resolutions on dividend, buyback authorization, and long‑term incentives continue this focus on capital returns and strategic execution.
Market Pulse Summary
This announcement details Ericsson’s 2026 AGM decisions, including a SEK 3.00 per-share dividend in two installments, an authorization to repurchase up to 10% of outstanding shares, and updated long-term variable compensation programs covering up to 7.4 million B-shares for LTV 2026. These steps follow earlier news on 6G initiatives, major network agreements, and Vonage product wins. Investors may monitor how buybacks are executed, how IFRS 18 affects performance metrics, and how share-based awards impact dilution over time.
Key Terms
long-term variable compensation program financial
vesting period financial
treasury stock financial
AI-generated analysis. Not financial advice.
Adoption of the Income Statements and the Balance Sheets
The AGM resolved to adopt the Income Statement and the Balance Sheet for the Company as well as the Consolidated Income Statement and the Consolidated Balance Sheet for the Group for 2025.
Dividend
The proposed dividend of
Remuneration report
The AGM resolved to adopt the Board of Directors' remuneration report for 2025.
Discharge from liability
The members of the Board and the President were discharged from liability for the financial year 2025.
Board of Directors
The AGM elected Board members in accordance with the proposal of the Nomination Committee. Jan Carlson was re-elected as Chair of the Board and Jon Fredrik Baksaas, Christian Cederholm, Börje Ekholm, Eric A. Elzvik, Marachel Knight, Kristin S. Rinne, Jonas Synnergren, Jacob Wallenberg, Christy Wyatt and Karl Åberg were re-elected as Board members. It was also noted that the unions have appointed Ulf Rosberg, Loredana Roslund and Annika Salomonsson as employee representatives in the Board of Directors with Frans Frejdestedt, Andreas Larsson and Stefan Wänstedt as deputies.
Board of Directors' Fees
The AGM resolved on fees to the Board of Directors, in accordance with the Nomination Committee's proposal, entailing a yearly fee of
In addition to the fees described above, the AGM resolved, in accordance with the Nomination Committee's proposal, that additional compensation be paid to non-employee Board members elected by the AGM for each physical Board meeting attended in
Residence of Board member |
Compensation per meeting
|
Nordic Countries |
None
|
|
|
Outside of |
USD 5,000
|
The AGM approved the Nomination Committee's proposal that part of the fees to the members of the Board, in respect of their Board assignment (excluding fees for Committee work and meeting fees), may be paid in the form of synthetic shares.
Auditor
The AGM re-elected Deloitte AB as auditor for the period up until the end of the AGM 2027 and approved the Nomination Committee's proposal for the auditor fees.
Long-Term Variable Compensation Programs
Long-Term Variable Compensation Program 2026 (LTV 2026)
The AGM resolved to approve the Board of Directors' proposal on:
- implementation of LTV 2026 for the Executive Team, including the President and CEO, and for employees classified as Executives (currently approximately 180 employees) comprising a maximum of 7.4 million B-shares in Ericsson. "Performance Share Awards" will be granted free of charge entitling the participant to receive a number of shares, free of charge, following the expiration of a three-year vesting period, provided that certain performance conditions are met and that the participant retains his or her employment. The 7.4 million B-shares covered by LTV 2026 correspond to approximately 0.22 percent of the total number of registered shares of the Company;
- transfer of no more than 6.2 million B-shares, free of consideration, to employees covered by the terms of LTV 2026, with an authorization for the Board of Directors to decide to, in conjunction with the delivery of vested shares under LTV 2026, prior to the AGM 2027, retain and sell no more than
70% of the vested B-shares on Nasdaq Stockholm at a price within the, at each time, prevailing price interval for the share, in order to cover for the costs for withholding and paying tax and social security liabilities on behalf of the participants in relation to the Performance Share Awards for remittance to revenue authorities; and
- authorization for the Board of Directors to decide to transfer no more than 1.2 million B-shares on Nasdaq Stockholm, prior to the AGM 2027 at a price within the, at each time, prevailing price interval for the share, to cover certain expenses, mainly social security payments.
Amendment of the terms of the Long-Term Variable Compensation Program LTV 2025
The AGM resolved to approve the Board of Directors' proposal on:
- an amendment of the terms of LTV 2025 to adapt the terms to the new performance measure that will be used due to the Company's planned implementation of IFRS 18;
- transfer of no more than 10.9 million B-shares, free of consideration, to employees covered by the terms of LTV 2025, with an authorization for the Board of Directors to decide to, in conjunction with the delivery of vested shares under LTV 2025, prior to the AGM 2027, retain and sell no more than
70% of the vested B-shares on Nasdaq Stockholm at a price within the, at each time, prevailing price interval for the share, in order to cover for the costs for withholding and paying tax and social security liabilities on behalf of the participants in relation to the Performance Share Awards for remittance to revenue authorities; and
- authorization for the Board of Directors to, prior to the AGM 2027, decide to transfer no more than 1.8 million B-shares on Nasdaq Stockholm at a price within the, at each time, prevailing price interval for the share, to cover certain expenses, mainly social security payments.
Authorizations on transfer of treasury stock on an exchange for previously resolved LTV programs I 2023, II 2023 and 2024
The AGM resolved to approve the Board of Directors' proposals on:
- authorization for the Board of Directors to decide to, prior to the AGM 2027, transfer of no more than 3.5 million B-shares on Nasdaq Stockholm at a price within the, at each time, prevailing price interval for the share, to cover certain expenses, mainly social security payments, which may occur in relation to the previously resolved and ongoing LTV programs LTV I 2023, LTV II 2023 and LTV 2024; and
- authorization for the Board of Directors to decide to, in conjunction with the delivery of vested shares under, LTV I 2023, LTV II 2023 and LTV 2024, prior to the AGM 2027, retain and sell no more than
70% of the vested B-shares on Nasdaq Stockholm at a price within the, at each time, prevailing price interval for the share, in order to cover for the costs for withholding and paying tax and social security liabilities on behalf of the participants in relation to the Performance Share Awards for remittance to revenue authorities.
Purchase of own shares
The AGM resolved to approve the Board of Directors' proposal on authorization for the Board of Directors to, on one or several occasions prior to the AGM 2027, decide on the purchase of the Company's own shares of series B. The number of shares purchased must at no time result in the Company's holding exceeding 10 percent of all the shares in the Company. The purchases are to be made on Nasdaq Stockholm in accordance with the price limitations set out in Nasdaq Nordic Main Market Rulebook for Issuers of Shares. The purpose of the authorization is to give the Board of Directors wider freedom of action in the work with the Company's capital structure and thereby contribute to increased shareholder value, as well as to enable purchases of shares to be used within the framework of the Company's share-related incentive programs.
Shares and votes
There are in total 3,371,351,735 shares in the Company; 261,755,983 A-shares and 3,109,595,752 B-shares, corresponding to in total 572,715,558.2 votes. The Company's holding of treasury stock as of March 31, 2026, amounts to 38,002,276 B-shares, corresponding to 3,800,227.6 votes.
NOTES TO EDITORS:
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MORE INFORMATION AT:
Ericsson Newsroom
media.relations@ericsson.com (+46 10 719 69 92)
investor.relations@ericsson.com (+46 10 719 00 00)
FOR FURTHER INFORMATION, PLEASE CONTACT:
Contact person
Investors
Daniel Morris, Vice President, Head of Investor Relations
Phone: +44 7386 657217
E-mail: investor.relations@ericsson.com
Lena Häggblom, Director, Investor Relations
Phone: +46 72 593 27 78
E-mail: lena.haggblom@ericsson.com
Alan Ganson, Director, Investor Relations
Phone: +46 70 267 27 30
E-mail: alan.ganson@ericsson.com
Media
Ralf Bagner, Head of Media Relations
Phone: +46761284789
E-mail: ralf.bagner@ericsson.com
Media Relations
Phone: +46 10 719 69 92
E-mail: media.relations@ericsson.com
ABOUT ERICSSON:
Ericsson's high-performing networks provide connectivity for billions of people every day. For 150 years, we've been pioneers in creating technology for communication. We offer mobile communication and connectivity solutions for service providers and enterprises. Together with our customers and partners, we make the digital world of tomorrow a reality. www.ericsson.com
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SOURCE Ericsson
FAQ
What dividend did Ericsson (ERIC) approve at its March 31, 2026 AGM and when will it be paid?
What buyback authorization did Ericsson (ERIC) receive at the AGM on March 31, 2026?
How much board compensation did Ericsson (ERIC) approve for the chair and non-employee members at the March 31, 2026 AGM?
What potential dilution should investors note from Ericsson's (ERIC) AGM decisions on March 31, 2026?