Telefonaktiebolaget LM Ericsson (ERIC) buys back 8.5M shares in July
Rhea-AI Filing Summary
Telefonaktiebolaget LM Ericsson repurchased 8,515,000 own Class B shares between July 20 and July 24, 2026, at a weighted average price of 93.4662 SEK, for a total consideration of 795,864,648.50 SEK. Daily repurchases ranged from 750,000 to 2,665,000 shares.
These transactions are part of a share buyback program of up to 15,000,000,000 SEK running from April 23, 2026 to March 31, 2027. The Board of Directors intends to propose to the 2027 Annual General Meeting that repurchased shares, other than those needed for share-related incentive programs, are cancelled. All acquisitions were made on Nasdaq Stockholm by Goldman Sachs Bank Europe SE under EU market abuse and Safe Harbour rules. After these repurchases, Ericsson holds 87,669,316 Class B shares as treasury stock out of a total of 3,371,351,735 shares, including 261,755,983 Class A and 3,109,595,752 Class B.
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Key Figures
Key Terms
treasury stock financial
Safe Harbour Regulation regulatory
market abuse regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
