SEK 392M Ericsson (NASDAQ: ERIC) buybacks boost treasury stock
Rhea-AI Filing Summary
Telefonaktiebolaget LM Ericsson reported repurchasing 3,711,316 of its own Class B shares between April 27 and May 1, 2026 for a total of SEK 391,534,686.89. These transactions form part of a previously announced share buyback program of up to SEK 15,000,000,000 running from April 23, 2026 to March 31, 2027.
Following these repurchases, Ericsson holds 44,113,592 Class B shares as treasury stock. The company has a total of 3,371,351,735 shares outstanding, consisting of 261,755,983 Class A shares and 3,109,595,752 Class B shares. The Board of Directors intends to propose to the 2027 Annual General Meeting that repurchased shares not needed for share‑related incentive programs be cancelled.
Positive
- None.
Negative
- None.
Key Figures
Key Terms
treasury stock financial
Market Abuse (MAR) regulatory
Safe Harbour Regulation regulatory
Annual General Meeting financial
AI-generated analysis. How Rhea-AI works. Not financial advice.