Ericsson (NASDAQ: ERIC) extends share buyback of up to SEK 15,000,000,000
Rhea-AI Filing Summary
Telefonaktiebolaget LM Ericsson reported that between May 25 and May 29, 2026 it repurchased 585,379 Class B shares for a total of SEK 71,474,085.55, at a weighted average price of SEK 122.0988 per share under its ongoing share buyback program.
The program allows buybacks of up to SEK 15,000,000,000 and runs from April 23, 2026 to 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, are cancelled.
All purchases were made on Nasdaq Stockholm by Goldman Sachs Bank Europe SE on Ericsson’s behalf, in accordance with EU Market Abuse Regulation and the Safe Harbour Regulation. After these transactions, Ericsson holds 48,351,778 Class B shares in treasury out of a total of 3,371,351,735 shares outstanding.
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treasury stock financial
Market Abuse Regulation regulatory
Safe Harbour Regulation regulatory
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